Finance

Press release… İzmir Union of Village Development Cooperatives (KÖYKOOP İzmir) sets out to produce a new olive oil brand together with its partners. KÖYKOOP İzmir Chairwoman Neptün Soyer said that they are on their way to ensure that producers sell olive oil at its value, not in bulk, but by …

PRESS RELEASE                   29.06.2021 “Turkey has a 0.7% share in the export of global ornamental plants, an industry with worldwide exports of approximately $ 22 billion.” In November, Tarsus Turkey will again present the Turkish Ornamental Plants Industry to new alternative markets abroad with The Flower and Plant Show.  Tarsus Turkey …

Press release… Izmir Commodity Exchange June Ordinary Assembly Meeting was held on Tuesday, June 29, 2021, via video conference and with the wide participation of Assembly members. The main agenda of the meeting was the amount of agricultural production, the effect of the drought problem on agricultural products and the …

A statement like a confession came from ÇAYKUR (Turkish Tea Enterprises) General Manager Yusuf Ziya Alim, who held a press conference due to the end of the first offshoot tea purchase campaign. Evaluating the quota application against which the producers reacted, Alim said, “I could only give 100-200 kilos of …

Press release… Başevirgen from CHP; “The Ministry Should Regulate the Milk Market Without Wasting Time” Republican People’s Party (CHP) Manisa Deputy and Agriculture, Forestry and Rural Affairs Commission Member Bekir Başevirgen stated that the raw milk reference price determined by the National Dairy Council (USK) is insufficient for a sustainable …

The countdown for Sacrifice Feast (Eid-al-Adha) has begun. From next week, animal markets will be established in metropolitan cities. This year, a total of 4.5 million sacrificials (qurbans) will be sold, of which 3 million are ovines (small cattle) and 1.5 million cattle. While the prices in small cattle range …

Press release… Celebrating the achievements of women working together to establish and run a cooperative business in Bursa… 22 June 2021, Bursa– Today marks the official inauguration of the Orhanili women’s cooperative in Bursa province. The event celebrates the successful collaboration of 20 Syrian and Turkish women entrepreneurs who established …

On April 16, 2021, the Government of Turkey (GoT) removed the three percent anti-dumping duty onU.S. cotton. GoT imposed this duty on U.S. cotton imports in 2016 for five years after the conclusion oftheir anti-dumping investigation. Industry sources expect a slight increase in market share for U.S.cotton in the Turkish …

Land prices in Turkey’s northwest have nearly doubled after rumors that Microsoft founder Bill Gates bought 22,000 acres of agricultural land in the region. Landowners hoping to cash in on the opportunity are trying to sell their land at exorbitant prices with some listing up to $10,000 per parcel, according to a report Speculations …

Chairperson of Turkish National Pulses Council (UBK) Abdullah Özdemir said that Turkey has become a net exporter by making foreign sales of pulses worth 973 million dollars in the last three years. Özdemir also stated that a foreign trade surplus of 125 million dollars occurred during this period. Noting that …