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Finance

FAO Food Price Index edges up in July…

Press release… Gains in meat and vegetable oil price indices outweigh declines in cereals, dairy and sugar… 08/08/2025 Rome – The FAO Food Price Index, a benchmark for world food commodity prices, averaged 130.1 points in July 2025, up 1.6 percent from June, driven primarily by rising international prices of meat and vegetable …

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Climate change driving up global food prices!

European researchers find extreme climate events, such as droughts, floods, heavy rainfall and more, result in both domestic and international price hikes for agricultural products such as coffee, cocoa, rice, among others… August, 2025… Global food prices are on the rise with extreme weather conditions caused by climate change, as …

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“Ten dollars for hazelnuts would not be a surprise!”

Press release… Sebahattin Arslantürk, Deputy Chairman of the Eastern Black Sea Exporters’ Association (DKİB) Hazelnut and Hazelnut Products Sector Committee, announced that 300 TL and 10 dollars for hazelnuts would not be surprise! A Record Season is Coming: 300 TL and 10 Dollars for Hazelnuts Would Not Be a Surprise …

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Mehmet Ali Işık: Climate crisis hits apricots, production may fall below 5 thousand tonnes!

Press release… Türkiye’s eastern Anatolia’s province of Malatya, which meets a large portion of the world’s dried apricot demand, is facing its most challenging production season in history. The agricultural frost and cold spell in April 2025 caused significant damage by catching apricot trees in bloom. It is estimated that …

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ASÜD: Ice cream exports are on the rise!

Ice cream, exported from Türkiye to more than 30 countries, accounts for 14.5 percent of total milk and dairy product exports. The Packaged Milk and Dairy Products Industrialists’ Association (ASÜD) announced that traditional Turkish ice cream contributes to the promotion of the country by integrating into the tourism sector. The …

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Turkish salmon’s promotional film released!

Press relese… A promotional film has been prepared as part of the global branding effort for Turkish salmon, whose exports have increased 17-fold in the last five years within the Turkish fisheries sector. The Turkish Exporters’ Assembly’s (TIM) Fisheries and Animal Products Sector Board is implementing a project to ramp …

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Fevzi Çondur: Aydın province is the home of the world’s highest quality figs

At a meeting hosted by Aegean province of Aydın, home to some of the world’s highest quality figs, dried fig exports for 2024 were evaluated and the 2025 route for dried figs was determined. At a meeting hosted by Aydın province, home to some of the world’s highest quality figs, …

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Türkiye launches national effort to combat food waste!

The Presidency’s Agriculture and Food Policies Board has launched an initiative to tackle Türkiye’s annual food waste, estimated at 23 million tons and costing the country tens of billions of dollars. According to the Turkish Foundation for Waste Prevention (TİSVA), per capita waste in the country reaches about 102 kilograms each year, with fruits and …

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Ahmet Güldal: We expect 453 thousand tonnes of hazelnut harvest this year

Ahmet Güldal, General Manager of the Turkish Grain Board (TMO), announced that, based on field observations, the hazelnut harvest is expected to be 453,000 tonnes this year. Ankara… In his assessment, Güldal stated that they are still at the beginning of the hazelnut harvest season and that, as in previous …

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Sebahattin Arslantürk: Trabzon ranks first in hazelnut exports

In the January-July period of 2025, 161,756 tonnes of hazelnuts were exported from Türkiye, generating 1.348 billion dollars in foreign currency inflows. Compared to the same period of the previous year, these exports decreased by 5 percent in quantity and 2 percent in value. Sebahattin Arslantürk, Deputy Chairman of the …

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