Finance

Agriculture and Forestry Minister Ibrahim Yumaklı addressed Friday the issue of exorbitant price hikes, noting authorities would undertake the required steps against all the sectors identified doing this practice, highlighting at the same time they would continue to protect producers to ensure sustainable production. Yumaklı, in his speech at the …

Despite the expected decline in production, Türkiye’s olive oil producers do not anticipate serious supply problems thanks to olive oil in the stocks. Poor olive harvest and resulting low olive production is not a unique problem to Türkiye. The world’s largest olive oil producers, Spain and Italy, also saw a …

Europe’s farmers are receiving ever more handouts from politicians, despite their relatively meagre contribution to our economy and increasingly obstinate stance against the EU’s efforts to adapt to a changing world. In Europe, farmers are kings. Just look at agricultural subsidies in the EU’s budget, which consume a third of …

Press release… TARİŞ Olive and Olive Oil Association Chairperson Hilmi Sürek stated that the price of 5 acid refining olive oil traded in the market is 165 liras per kilogram and said, “The price of 295 liras per kilogram, which has been highlighted recently, is the gross price valid for …

Press release… Fresh sea bass is most popular with the British… Sinan Kızıltan While the UK ranked first in fresh sea bass exports with an amount of 29 million dollars, the Netherlands was the top country in fresh fillet sea bass with a demand of 34 million dollars. While the …

The ornamental plants and cut flower sector in the southern province of Antalya has started shipping a total of 75 million cut flowers, mainly carnations, and 4 million Christmas wreaths to nearly 30 European countries and Russia for Christmas and New Year celebrations this year. İsmail Yılmaz Starting on Dec. 24, Turkish flowers …

Press release… Şemsi Bayraktar: Prices are increasing, imitation and adulteration in olive oil does not end! Pointing out that olive oil is one of the most counterfeited and adulterated foods, TZOB President Şemsi Bayraktar said, “Increasing prices spike the number of counterfeit and adulterated products in the market. Imitation and …

Press release… “WE NEED 60 MILLION ANIMAL SKINS EVERY YEAR” EYUP SEVİMLI, CHAIRMAN OF THE BOARD OF DIRECTORS OF THE AEGEAN REGION LEATHER INDUSTRIALISTS ASSOCIATION (EGEDERIDER) AND IZMIR FREE ZONE (IZBAŞ): “WE NEED QUALITY RAW MATERIALS AND HIGH PRODUCTION CAPACITIES IN ORDER NOT TO LOSE OUR EXPORT MARKETS.” “ALTHOUGH WE …

Press release… Aegean Exporters’ Associations (EIB), a pioneer in sustainability, organised a sectoral trade delegation organisation specific to the food products sector within the scope of the “Sustainable Exports in Food Sectors Development of International Competitiveness Project” on 6 – 9 November 2023 in London, the capital of England, with …

Istanbul Chamber of Industry brought together food suppliers from 40 countries with Turkish companies. A total of 3,500 bilateral meetings were held with 65 domestic and over 80 foreign companies in the organisation, which brought together Türkiye’s most prestigious food producers with the world’s largest supermarket chains and major food …