Finance

It started with a cortege march in the Safranbolu district of Karabük province on October 21 and various events are being held at the “6th Saffron Festival”. Harvesting of saffron, which is grown in the Safranbolu district of Karabük and called the “miracle plant” because it is used in many …

Türkiye’s fresh fruit and vegetable exports amounted to $1.94 billion in the first nine months of this year, with 34 percent of those exports going to Russia. The country delivered 3.35 million tons of fruit and vegetables to foreign markets this year, according to Ferhat Gürüz, the head of the Mediterranean Fresh …

There is widespread agreement that land reform in South Africa has failed to deliver the changes many hoped it would. Racially based dislocation and land dispossession were central features of colonial conquest and apartheid rule. To redress this, in 1994, the newly elected African National Congress (ANC) set a target of …

High inflation to slow down economic activities and decrease demand, say analysts… Sugar Although the commodity market occasionally saw a positive course on a weekly basis, the long-standing selling pressure continued last week as well. Increasing geopolitical risks, ongoing pandemic measures in China, inflationary concerns related to the energy crisis …

Press release… Uşak Commodity Exchange has developed a project that will protect the livestock sector with the “Sun”. With the solar panels to be placed on the roofs of livestock barns (enterprises), both the producer will win and the meat crisis will be a thing of the past. Mustafa Sezer …

2022 finds us with an ongoing pandemic, conflicts, a climate that won’t stop warming, rising prices and international tensions. This is affecting global food security. We need to build a sustainable world where everyone, everywhere has regular access to enough nutritious food. No one should be left behind! Although we …

The Turkish Grain Board (TMO) bought a record amount of over 5 million tonnes of wheat and over 1 million tonnes of barley this year, after the global food security rush due to both the pandemic and the Ukraine-Russia war. “We have stocked the grain in our own silos, in contracted licensed warehouses, …

Press release… Veysel Memiş, Chairman of the Board of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), announced that they realized an export of 1.45 billion dollars between January and September 2022 with an increase of 38 percent compared to the same period of the previous year. Emphasizing …

New Zealand’s government yesterday proposed taxing the greenhouse gasses that farm animals make from burping and peeing as part of a plan to tackle climate change. The government said the farm levy would be a world first, and that farmers should be able to recoup the cost by charging more for climate-friendly …