Finance

An empty merchant vessel left Istanbul for a Ukrainian port to collect grain on Friday following inspections under a Turkish-brokered grain corridor deal between Turkiye, Russia, Ukraine and the United Nations. The Barbados-flagged Fulmar S. headed to Chernomorsk to load grain under the landmark deal signed last month. The ship was …

Vegetable oils and cereals lead FAO Food Price Index lower… 05/08/2022 Rome – The benchmark for world food commodity prices declined significantly in July, with major cereal and vegetable oil prices recording double-digit percentage declines, the Food and Agriculture Organization of the United Nations (FAO) reported today. The closely-watched FAO Food Price …

Press release… By Chris McCullough PAYING more attention to feed efficiency indexes when selecting sires for dairy herds will help compensate the escalating costs of feed being witnessed today. Across the world feed, fertiliser and energy costs have reached record high levels that are decimating profits on dairy farms. Even …

Press release… THE AGENDA OF THE SECTOR EXPORT OF BULGHUR, CHICKEN, RED LENTILS AND PASTA… Cereals, Pulses, Oilseeds and Products Exporters’ Associations Sector Board came together in Mersin province under the chairmanship of Deputy Minister of Trade Özgür Volkan Ağar, hosted by the Mediterranean Exporters’ Associations (AKİB). Ahmet Tiryakioğlu At …

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. Turkiye’s national participation organization in Biofach Organic Food Products Fair was held for the 25th …

Destined for Lebanon, Sierra Leone-flagged cargo ship Razoni to make stopover in Istanbul for joint inspection… ANKARA The first grain-laden ship that departed the Ukrainian port of Odesa for Lebanon under a deal to unblock Ukraine’s agricultural exports reached the Black Sea entrance of Istanbul Strait on Tuesday.  Sierra Leone-flagged …

Press release… 46 PERCENT OF FRESH FRUIT AND VEGETABLE EXPORT FROM THE MEDITERRANEAN… Ferhat Gürüz, Chairman of the Board of the Mediterranean Fresh Fruit and Vegetable Exporters’ Association, announced that Turkiye’s fresh fruit and vegetable exports reached the level of 1.45 billion dollars in the first half of 2022 and …

ATO Secretary-General Jens Stoltenberg, U.N. Secretary-General Antonio Guterres and leaders of countries thanked Turkiye as they welcomed the news of the first ship carrying grain departing from Ukraine’s Black Sea port of Odessa on Monday. Jens Stoltenberg “I welcome the first shipment of Ukrainian grain from Odessa under the UN-brokered deal. I …

Press release… 250 European spice producers will meet in Bodrum, the worldwide known distict of Muğla Noting that they will host the European Spice Association General Assembly in Bodrum on October 5-8, 2022 as two exporters’ associations under the roof of the EİB (Aegean Exporters’ Associations), Aegean Cereals, Pulses, Oilseeds …