Finance

Rıfat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) said they have revolutionized the Turkish agriculture. Licensed warehouse Hisarcıklıoğlu said, “The Union of Chambers and Commodity Exchanges of Türkiye has made two important revolutionary projects for Turkish agriculture. First, we have established licensed warehouses. Licensed …

The European Bank for Reconstruction and Development (EBRD) has announced that it is extending a 12 million-euro loan to May Seed, one of the leading seed producers in Türkiye. The EBRD loan will help May Seed expand its operations, renovate production and research and development (R&D) facilities, enhance the automation of R&D and …

Türkiye’s fresh fruit and vegetable exports exceeded $155 million in July, while the share of exporters in the Mediterranean region in total revenues was $54.4 million, according to a trading group. Last month, the country delivered 179,400 tons of produce to foreign markets, said Ferhat Gürüz, the head of the Mediterranean Fresh Fruits and …

The producers aim to increase export revenues in hazelnut, which is an important source of income in the Black Sea region. While the hazelnut harvest, which started earlier this month, continues in the coastal and central areas, exporters are making their final preparations for the new season. The Black Sea Hazelnut …

Press release… Evaluating the issues on the agenda of the Turkish fresh fruit and vegetable sector, Ferhat Gürüz, Chairman of the Mediterranean Fresh Fruit and Vegetable Exporters’ Association, stated that they are very pleased that the Ministry of Agriculture and Forestry will implement the certified agricultural consultancy model to combat …

Research released by TCP Partners, an investment and management company, predicts that Brazil’s irrigated area could grow by 4.2 million hectares by 2040. According to the study, since 2006, irrigated agriculture in Brazil has shown an average growth rate of 4.7% per year. According to IBGE data, in 2021, the …

Nearly 1,4000 supermarkets operated by the Agricultural Credit Cooperatives on Aug. 15 began to offer more than 30 items, at discounted prices. Those items include, meat, poultry, flour, sugar, rice, onions, sunflower seed oil, liquid soaps and paper towels as well as some fruits. The move came after Recep Tayyip …

Harvest season has started in Turkiye’s northeastern province of Gümüşhane, which has the country’s first gluten-free flour source, buckwheat processing factory. This year’s harvest put a smile on the face of the farmers, as the harvest started with a combine harvester in the area of ​​approximately one thousand decares planted …

The plains that turn yellow in Turkiye’s eastern province of Ağrı, where sunflower production increases every year, reminds of Thrace region. The province, which has rich river resources and 3.5 million decares of agricultural land, makes a name for itself in agriculture and livestock with nearly 2 million animals. Synflower …

Despite bad news, loadshedding woes and ongoing challenges that face farmers in South Africa, many olive growers had a bumper crop harvest. According to SA Olive data, local farmers have produced around 1.6 to 1.7 million litres of EVOO over the last two years, and production is expected to be …