Finance

Serpil Günal, General Manager and Member of the Board of Directors of the Insurance of Agriculture (TARSİM), said that the last year’s disasters such as fire, flood, drought and earthquake, which increased their severity with the effect of climate change, have passed in the shadow of the epidemic. Serpil Günal …

Turkey’s parliament has approved a legislation that is designed to prevent stockpiling by imposing higher fines for such activities at a time when consumer prices are rising. As part of the legislation an article in the law regulating retail trade was amended to introduce higher fines for producers, suppliers and retailers that engage in practices causing …

FAO’s benchmark index of food commodity prices in 2021 averaged sharply higher than in 2020… Rome – World food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations reported today. The FAO Food Price …

Last year’s figure jumped 38% from previous year, with aim of 20% growth in 2022, says head of industry group… ANTALYA Turkish flower exports hit $148 million in 2021, soaring 38% from the previous year, said an industry group on Wednesday. İsmail Yılmaz “The sector has never before been able …

The ongoing climate crisis necessitates innovative solutions, especially in agriculture. In the central Turkish province of Konya, the country’s breadbasket, scientists seek to help farmers boost their crop yields amid a drought. Professor Bilgehan Nas and his team from Konya Technical University have succeeded in using filtered wastewater for cultivating maize. …

The 2022 work programme focuses on campaigns that align with the ambitions of the European Green Deal and support objectives from the Farm to Fork strategy, and the EU organic action plan… The European Commission allocated €185.9 million euros ($210.6 million USD) in 2022 for the promotion of European Union …

Country exported 344,379 tonnes of hazelnut to 122 countries in 2021, says regional trade association… Giresun, Türkiye… Turkey earned 2.26 billion dollars from hazelnut exports last year, a regional trade association said on Monday. In its statement, the Black Sea Hazelnut and Products Exporters’ Association (KFMİB) emphasized that a new …

JOINT PRESS RELEASE FROM INDUSTRY REPRESENTATIVES… Sector representatives made a joint press statement on the problems experienced in the dairy sector and their solutions. Şemsi Bayraktar Chair of the Union of Turkish Agricultural Chambers (TZOB) Şemsi Bayraktar, Chair of the Central Union of Turkish Dairy Producers (TSÜMB) Tevfik Keskin, Chair …

Chair of Istanbul Commodity Exchange (İSTİB) Ali Kopuz said, “Our 2022 output may be adversely affected due to the increase in agricultural input prices. It is vital to enhance our agricultural output in 2022 by taking additional measures in this regard.” Kopuz, whose evaluations are included in the statement made …

Adıyaman Chamber of Agriculture Chairperson Salih Şahan said that the last hike in electricity will hit the farmer who irrigates with electricity. Underlining that the hike in electricity prices will bring a huge burden to the farmers who irrigate with electricity, Salih Şahan said, “These electricity prices hit our farmers …