Extension – Information

While wool, hair and mohair production increased in Turkiye last year, honey and silkworm cocoon production decreased, data released by the Turkish Statistical Institute (TÜİK) showed yesterday. Compared to the previous year, wool production amount increased by 7.7 percent to 85,916 tons, hair production amount increased by 4.7 percent to 6,700 tons …

On January 27, 2022, the Turkish government published a new regulation delegating specific authorityfor the decision to implement export bans on a list of agricultural commodities during 2022 to theMinistry of Agriculture and Forestry (MinAF). Although MinAF has not yet instituted any export bansfor these 20 products, this authorization allows …

Region experiencing driest conditions since 1981, World Food Programme says… NAIROBI, Kenya… A severe drought that has hit the Horn of Africa region killed thousands of livestock and left millions of people facing severe hunger, the World Food Programme (WFP) said in a report Tuesday. The report released by WFP’s …

The fact that the farmer interest was intense in the tractor market, which contracted 2 years ago after the fluctuation in the foreign currency, and had a good period last season, pleased the manufacturers. TürkTraktör Commercial Deputy General Manager Ahmet Canbeyli stated that they had an active period with new …

While world coffee reserves plunged to the lowest level in more than two decades and deliveries fall amid high shipping costs, dwindling amounts held in reserves will keep coffee prices near record levels. As Bloomberg reported, stockpiles of high-end arabica beans, a favorite of artisan coffee shops and chains like …

Nestle will start paying cocoa farmers cash if they send their children to school rather than out to tend crops as part of a push to purchase all of its cocoa through a fully traceable, directly sourced supply chain by 2025. Chocolate makers are coming under mounting pressure from investors, …

Export of 847 million dollars from the cereal sector in January… The cereal industry exported 847.6 million dollars in January. The sector achieved an export increase of 41.5 percent in this period. Kazım Taycı, Chairman of the Board of Tayaş Gıda, said, “As an industry, we achieved an increase of …

Container problem caused a decrease in Turkiye’s fish meal and oil exports… Exports of fish meal and oil from Turkiye in 2021 decreased by 65 percent in quantity and 58 percent in value, compared to the previous year, due to the shortage of containers faced by exporters as a global …

Cooperation in licensed warehousing from İşbank and TÜRİB… İşbank (Türkiye İş Bankası) offers loans based on Electronic Product Bills (Certificates) as part of its cooperation with the Turkiye Specialized Product Exchange (TÜRİB). The financialization of agricultural products, the formation of futures markets, the emergence of instruments such as food-agricultural/Electronic Product …