Finance

Press release… While Türkiye exported 25 billion dollars of food products in 2022, the grain, pulses, oilseeds sector was at the peak of food exports with an export of 11.4 billion dollars. The sector alone realized 46 percent of Türkiye’s food exports. Cereals, pulses and oilseeds sector which is the …

The devastating earthquakes that struck Türkiye last week could result in a loss of up to 1% of the country’s gross domestic product (GDP) this year, said the European Bank for Reconstruction and Development (EBRD) on Thursday. In its latest report, the ERBD said this is a “reasonable estimate” due to the …

Restrictions come into effect Wednesday and are valid until June 30… MOSCOW… Under a decree passed last December, effective Wednesday, Russia has limited its grain exports to foreign countries to the amount of 25.5 million tons. The restrictions will be valid until June 30, and do not apply to grain …

Ukrainian producers of organic products have achieved something almost unbelievable through the support of the Research Institute of Organic Agriculture FiBL. In 2022, the year of the war, Ukraine managed to increase its exports of organic agricultural products by 13 %. From 14–17 February 2023, Ukraine will once again attend …

Food Price Monitoring and Analysis (FPMA) Bulletin #1, 10 February 2023… International prices of wheat fell again in January, as the short-term outlook for global supplies continued to improve, in particular following latest estimates of larger 2022 outputs in Australia and the Russian Federation than earlier expected. By contrast, international …

The amount of cow milk collected by commercial dairy enterprises decreased by 0.4 percent in December compared to the same month of the previous year. The amount of collected cow’s milk decreased by 0.4 percent… The Turkish Statistical Institute (TUIK) announced the December 2022 Milk and Dairy Products Production data. …

Press release… Cengiz Balık: We must pay attention to pesticides so that we do not reduce our share in existing markets! Cengiz Balık, Vice Chairman of the Aegean Fresh Fruit and Vegetable Exporters’ Association, stated that 2022 was a difficult year, but 2023 will be an even more difficult year. …

Tyne Morgan: The interest from outside investors has propelled farmland prices higher over the past year, but even with the rapid run-up in prices, experts say we aren’t in the middle of a farmland price bubble… For those in agriculture, owning farmland has long been viewed as a symbol of status and …

Press release… Aegean fresh fruit, vegetable and products exporters set an export target of 1 billion 400 million dollars in the 100th Anniversary of the Republic. Aegean Fresh Fruit and Vegetable Exporters’ Association (EYMSİB), which broke export records for 5 years in a row by delivering the flavours produced in …

Press release… Aegean Fisheries and Animal Products Exporters’ Association, which realizes 60 percent of Türkiye’s aquaculture and animal products exports to the USA, participated in the Winter Fancy Food Show Fair held in Las Vegas on January 15-17. Aegean Fisheries and Animal Products Exporters’ Association Chairperson Bedri Girit said that …