Finance

Climate change poses a serious threat to tea cultivation, with suitable growing areas projected to shrink drastically by 2050, FAO warns! The Food and Agriculture Organization of the United Nations (FAO) has issued a stark warning about the future of tea cultivation worldwide. Ayşegül Selışık, assistant FAO Representative in Türkiye, …

Despite losses, fall in cocoa harvest quality, cocoa hits 11.200 dollars in April, with expectations of new records… Cocoa prices have soared more than 20 percent in May after sharp declines at the start of the year, returning to above 11,000 dollars per tonne. The price fell more than 34 …

Press release… Ferhat Gürüz, Chair of the Mediterranean Fresh Fruit and Vegetable Exporters’ Association, announced that tangerine export value surged dramatically by 220 percent! Evaluating the exports of the sector in April according to product groups, Gürüz said, “The group with the highest exports in the said period was fresh …

Press release… Southeastern Anatolia’s exports of cereals, pulses, oilseeds and products reached 1.2 billion dollars with an increase of 9.9 percent in the first 4 months of the year. The sector, which realised 30.9 percent of the Southeast’s total exports, became the region’s most exporting field of activity. In this …

Honey produced with the labour of Ordu beekeepers and tested in the honey packaging facility and analysis laboratory established within the Ordu Beekeeping Research Institute is exported to 55 countries of the world. Ordu Provincial Director of Agriculture and Forestry Kemal Yılmaz said that 590 tonnes of honey was exported …

Press release… Hemp, which stands out with its wide range of usage areas and environmentally friendly features, is shown among the strategic raw materials of the future. At the Hemp for a Sustainable Future Workshop organised by the Aegean Exporters’ Associations (EIB) and the Izmir Branch of the Chamber of …

Sinan Kızıltan, Chairman of the Turkish Aquaculture and Animal Products Exporters’ Associations Sector Board, emphasised that the Turkish fisheries sector focuses on R&D studies. Stating thar the Turkish fisheries sector has made significant progress in the Turkish salmon species in recent years, Kızıltan said, “Our exports, which were 29 million …

Press release… Ferhat Gürüz, Chairman of the Board of Directors of the Mediterranean Fresh Fruit and Vegetable Exporters Association, announced that Türkiye’s fresh fruit and vegetable exports in April totalled 237.5 million dollars. Emphasising that they achieved an increase of 12 percent in the fourth month of the year compared …

Aromatic Plants and Spice Producers Association (ABÜDER) President Aydın Acun announced that imported spice products cannot be produced in Türkiye due to climatic conditions and that almost all of the spices that the climatic conditions allow are already produced. “For example, cumin. Turkish cumin is categorised as a quality product …

Press release… Hayrettin Uçak, Chair of the Aegean Fresh Fruit and Vegetable Exporters’ Association, who is also a producer, stated that climate change has made itself felt more clearly today and that it is imperative to switch to covered production and to spread agricultural insurance in order to prevent the …