Finance

The AfDB president, formerly a minister of agriculture for Nigeria, said that the policy risks turning the country into an import-dependent nation. July, 2024… Akinwumi Adesina, the president of the African Development Bank, has said the decision by Nigeria’s government to allow large-scale food importation risks destroying the country’s agriculture sector. Akinwumi Adesina …

Türkiye’s chilli pepper exports soared by 26 percent in the first half of the year compared to the same period last year, rising to 6 million 878 thousand dollars. According to data from the Southeastern Anatolia Exporters’ Associations (GAİB), 12 million 226 thousand dollars of chilli pepper exports were made …

Hazelnut yield to surge by 14 percent in 2024… Hamza Bölük, Chairman of the Board of Directors of the National Hazelnut Council (UFK), announced that they foresee that the hazelnut yield will be 738 thousand 931 tonnes in 2024 with an increase of 14 percent. Hamza Bölük Hamza Bölük, Chairman …

Press release… Export leader in fresh tomato and apple juice… Stating that the exports of the Aegean Fresh Fruit and Vegetable Exporters’ Association (EYMSİB) in the first half of 2024 surged by 4 percent from 595 million dollars to 618 million dollars, Hayrettin Uçak, Head of the EYMSİB, said, “In …

Fruit and vegetable prices should normally decline in summer months compared with winter as more produce is made available to consumers. However, this is not happening this year. According to experts, there are two main factors that are driving prices up: Climate change-related drought, which grips Türkiye and reduces fruit and vegetable output, and …

At a high-level meeting on 27 June in Geneva, FAO Director-General Qu Dongyu told participants that by 2050 global food production will need to increase by at least 30-40% – while also minimising the negative impact on the environment. Qu Dongyu The event was among several sessions dedicated to trade and food …

Across the world and around the clock, the buying and selling of food commodities take place along supply chains that get food from producers to consumers. Having up-to-date information about the prices of these commodities as they change hands improves the transparency and efficiency of markets, enabling producers, traders, consumers …

The annual increase in the producer price index of agricultural products (agriculture-PPI) slowed from 61.2 percent in May to 54.6 percent in June, the Turkish Statistical Institute (TÜİK) has said. The index of agriculture, hunting and related services rose 54.9 percent annually, while the increases for non-perennial and perennial crops were …

Press release… Aegean Furniture, Paper and Forestry Products Exporters’ Association and the European Commission Directorate General for Health and Food Safety and the Ministry of Agriculture and Forestry officials from Ankara exchanged views on the spice sector within the scope of EU harmonisation studies. Kazım Gürel “We are very happy …

Press release… Celal Kadooğlu, Chair of the Southeastern Anatolia Cereals, Pulses, Oil Seeds and Products Exporters’ Association, in his written statement, said that Türkiye exported around 700 million dollars to Syria in the first half of this year. “Among the exporting sectors, cereals, pulses, oilseeds and products ranked first with …