Finance

Press release… Başevirgen from CHP; “The Ministry Should Regulate the Milk Market Without Wasting Time” Republican People’s Party (CHP) Manisa Deputy and Agriculture, Forestry and Rural Affairs Commission Member Bekir Başevirgen stated that the raw milk reference price determined by the National Dairy Council (USK) is insufficient for a sustainable …

The countdown for Sacrifice Feast (Eid-al-Adha) has begun. From next week, animal markets will be established in metropolitan cities. This year, a total of 4.5 million sacrificials (qurbans) will be sold, of which 3 million are ovines (small cattle) and 1.5 million cattle. While the prices in small cattle range …

Press release… Celebrating the achievements of women working together to establish and run a cooperative business in Bursa… 22 June 2021, Bursa– Today marks the official inauguration of the Orhanili women’s cooperative in Bursa province. The event celebrates the successful collaboration of 20 Syrian and Turkish women entrepreneurs who established …

On April 16, 2021, the Government of Turkey (GoT) removed the three percent anti-dumping duty onU.S. cotton. GoT imposed this duty on U.S. cotton imports in 2016 for five years after the conclusion oftheir anti-dumping investigation. Industry sources expect a slight increase in market share for U.S.cotton in the Turkish …

Land prices in Turkey’s northwest have nearly doubled after rumors that Microsoft founder Bill Gates bought 22,000 acres of agricultural land in the region. Landowners hoping to cash in on the opportunity are trying to sell their land at exorbitant prices with some listing up to $10,000 per parcel, according to a report Speculations …

Chairperson of Turkish National Pulses Council (UBK) Abdullah Özdemir said that Turkey has become a net exporter by making foreign sales of pulses worth 973 million dollars in the last three years. Özdemir also stated that a foreign trade surplus of 125 million dollars occurred during this period. Noting that …

Press release… Union of Turkish Agricultural Chambers (TZOB), since 2007, has been working through so as not be allowed to pre-Ramadan opportunism. During this Ramadan, we will continue to inform the public by following the producer and market prices. It is important to meet the food needs of our citizens …

Press release… Early estimate for 2021 wheat output positive but 45 countries in need of external assistance for food… 4 March 2021, Rome – Global food commodity prices rose for the ninth consecutive month in February, with quotations for sugar and vegetable oils increasing the most, the Food and Agriculture Organization …

Federation of Food and Drink Industry Associations of Turkey (TGDF) Secretary General İlknur Menlik evaluated the retail law proposal, food prices and other issues on the agenda. While the pandemic still prevails both in Turkey and in the world; Food, agriculture and retail industries are also going through an active …

Press release… According to the UN, World Economic Status and Prospects Report; while the economies of developed countries shrunk by 5.6 percent last year, the economies of developing countries also contracted by 2.5 percent. The pandemic caused 4.3 percent shrinkage in the world economy last year. Turkey’s economy, while the …