Finance

Anchovy has taken the top spot in fishing in the Turkish seas with 1,632,361 tons caught in the last 10 years, followed by sprat, sardine, bonito, horse mackerel and bluefish, the Turkish Statistical Institute (TÜİK) has announced. Anchovy In addition to the catch of anchovies, the past decade showed 372,723 tons of sprat, …

Chicago wheat fell again Monday, remaining close to Friday’s five-week lows, as Türkiye’s ban on imports triggered worries about reduced demand and intensified competition with Black Sea supplies in export markets. Corn rose after Friday’s losses, while soybeans fell. The Chicago Board of Trade’s (CBOT) most-active wheat Wv1 fell 0.4% …

Press release… In the 2023/24 season, exports of seedless raisins, dried apricots and dried figs, in which Türkiye is the world leader in production and exports, soared by 8 percent from 933 million dollars to 1 billion 7 million dollars and the 1 billion dollar threshold was exceeded. Mehmet Ali …

The foreign dependency of the Turkish pasta sector in production has ended thanks to the high yield of durum wheat in recent years. Aykut Göymen, Head of Turkish Pasta Industrialists’ Association (TMSD), said that around 4 million 300 thousand tonnes of durum wheat was harvested last year. Göymen stated that …

Gülbirlik (Rose and Rose Oil Agriculture Sales Cooperatives Union) Deputy General Manager Nafiz Koçak said that in Türkiye’s rose production centre of Isparta, which meets 65 percent of the world rose oil production, the price of rose oil has exceeded 12 thousand euros per litre. Nafiz Koçak “Although the yield …

The plenary session “Technological Support of Food Security” was held at the RUSSIA EXPO on the Food Security Day of the Technical Leadership Week. It was attended by Minister of Agriculture Oksana Lut, representatives of federal agencies, science, business and industry organizations. The participants discussed a wide range of issues in …

On World Milk Day, the sector is looking for a solution: ‘If the producer ends, neither milk nor meat problem will end’ Stating that the cost figures of the National Milk Council (USK) and the ministry do not reflect the reality, Ali Gümüşlü, Head of Elmalı Milk Producers’ Association, said …

Ahmet Hacıince, Chairman of the Board of Directors of the National Red Meat Council (UKON), stated that there will be no shortage in the supply of sacrificials this year when the number of slaughtering in previous years is taken into consideration. Ahmet Hacıince THE ECONOMIC SIZE OF THE SACRIFICE FEAST …

Global food prices rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed decreases in prices for sugar and vegetable oils, the United Nations food agency said on Friday. The May reading was nonetheless 3.4% below the level seen a year earlier. The FAO …

Türkiye on Friday announced it would halt wheat imports from June 21 until at least mid-October to safeguard farmers from price fluctuations, secure domestic procurement of raw materials and create a favorable market for producers. U.S. and European wheat futures dropped sharply on the news, both falling around 2%, with …