Finance

The Agriculture and Forestry Ministry has prepared an action plan that envisages simplifying the incentives scheme and changes in the support provided to farmers. Agriculture and Forestry Minister Vahit Kirişçi made a presentation regarding the new model at a meeting with senior members of the ruling Justice and Development Party …

By Jenna Hoffman, June 28, 2022 Farmland prices continue to soar, as a new record Iowa land sale occurred in Dubuque County, Iowa last week with High Point Land Company claiming it auctioned off 60 acres for $30,000 per acre. With the financial stakes so high, who can afford to make these …

Prices of land plots have soared as people with limited funds increased their demand, seeking alternative investments. Strong demand for detached houses in the wake of the pandemic also gave a boost to the market. Prices of land plots across Türkiye increased as much as 78 percent over the past year, according to …

Press release… Harvest time for fresh figs, which are defined as sacred fruit in all monotheistic religions and recommended in diets with low calories. The first cut and export dates have been announced for the Sarılop variety fresh figs grown in Aydın province and the black fig, defined as the …

Millions of boxes of oranges are spoiling in containers stranded at European ports as South Africa and the European Union lock horns in a dispute over import rules, citrus growers have said. South Africa, the world’s second largest exporter of fresh citrus after Spain, filed a complaint with the World Trade Organisation (WTO) last …

Press release… We must plan for the next 20 years and protect our golden product… Menderes Agriculture District Director Oktay Sezgin said that they are the district with the 3rd largest area of ​​İzmir province. Pointing out that the Gümüldür-Özdere-Ahmetbeyli line is an area that can summarize Turkiye’s ecosystem, Sezgin …

Russia’s agriculture ministry has proposed that the government limits seed imports by setting up quotas, aiming to stimulate domestic production, the Interfax news agency quoted it as saying on Friday. Russia, the world’s largest wheat exporter, has long aimed to become less dependent on imported seeds for a number of …

Approximately TL 3.8 billion ($212.14 million) have been saved so far in Turkiye after the government-led initiative recommended charging shoppers TL 0.25 per plastic bag, a practice that became a mandatory regulation in 2019. The application was kicked off by the Ministry of Environment, Urbanization and Climate Change in a …

Press release… BioFach, the world’s largest organic food and natural products fair, which focuses on the spread of ecological producers and products, was held for the 31st time in Nuremberg, Germany, between 26-29 July 2022. Turkey’s national participation organization in Biofach Organic Food Products Fair was held for the 25th …

Press release… Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), aiming to find solutions to the problems of the Turkish grains, pulses, oilseeds and products industry with a common mind, held the second consultation meeting in Mersin, Turkiye’s eastern Mediterranean city. Emphasizing that they are mobilizing for the solution …