Finance

Press release… The first half of 2023 performance of the fishery sector which is one of the star sectors of exports after 2000 in particular, has become clear. Sinan Kızıltan The aquaculture sector, which brought 760 million dollars of foreign currency to Türkiye in the January-June period of 2022, ramped …

Falling international maize and sugar prices partly offset notable jumps in wheat and vegetable oil quotations. Global food commodity prices rose in July, influenced by the termination of the Black Sea Grain Initiative and new trade restrictions on rice, the Food and Agriculture Organization of the United Nations (FAO) reported …

Press release… Record year for cherries: 205 million dollars… Türkiye is the world leader in the production of cherries and a strong player in exports. The 2023 cherry export target of 200 million dollars was exceeded. In the 2023 season, cherry exports reached 205 million dollars with an increase of …

Press release… Fresh fruit, vegetable and products exporters produce residue-free and value-added products for the world tables… Within the scope of the Aegean Fresh Fruit and Vegetable Exporters’ Association’s ‘Project for the Dissemination of Biotechnical Control Against the Mediterranean Fruit Fly’ and ‘Good Agricultural Practices Project’, 5 thousand Mediterranean Fruit …

Escalation of military tensions in region following halt of Black Sea Grain deal raises concerns about future of global food markets… MOSCOW… The revival of the Black Sea grain deal is significant for global food price stability and continued access to food in poor countries. Following Russian President Vladimir Putin’s …

The Agriculture and Forestry Ministry has started using NMR (Nuclear Magnetic Resonance) technology for mapping, creating libraries, and obtaining registration certificates for Türkiye’s geographically indicated products, including olive oil, honey and hazelnut. Hazelnut and honey Following the Edremit olive oil receiving a geographical indication patent by the European Union last week, the number of geographically indicated …

The shortage of olive oil production in Mediterranean countries has negatively affected domestic prices, prompting the Turkish Trade Ministry to introduce additional measures, including the suspension of olive oil exports until November, to prevent a price increase in the domestic market. In a statement, the ministry said that due to the drought in Europe, …

As the climate crisis and unusual weather conditions strike the western province of Manisa’s Akhisar, one of Türkiye’s major olive producers, farmers are facing a staggering 87 percent decrease in harvest compared to the previous year, indicating an “olive disaster.” Akhisar, which supplies 70 percent of the country’s table olive needs, is experiencing a significant yield …

Transforma Insights’ recent report, ‘Digital Transformation (DX) in the Agriculture sector’ identified nine key domains of change in the Agriculture sector that are enabled by disruptive technologies such as Artificial Intelligence and the Internet of Things. In this article we examine each of these key use cases and the impact …

The drying process of tomatoes, which will be exported from Türkiye’s southeastern province Diyarbakır to various European countries, especially to the USA, France and Italy, started in the fields on the slopes of Karacadağ region. On the outskirts of Karacadağ between Diyarbakır and Şanlıurfa provinces, tomatoes to be consumed in …