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Finance

İbrahim Afyon: Egg price hikes are due to perception and market differences

İbrahim Afyon, Head of the Central Union of Egg Producers, emphasised that there is no decrease in egg production and explained that the price hikes are not due to production, but to perception and market price scissors.İbrahim Afyon, Head of the Central Union of Egg Producers (YUM-BİR), stated that there …

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Saffron harvest ends, expected to be sold at 450 thousand TL…

While the harvest of saffron, which is identified with Safranbolu district of Western Black Sea province of Karabük, which is on the UNESCO World Heritage List and called ‘the most expensive spice in the world’, has ended, the new product will be sold at 450 thousand TL. The harvest of …

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“Europe is our most important market in our fresh fruit and vegetable exports”

Stating that the Mediterranean Fresh Fruit and Vegetable Exporters’ Association, which brings to the forefront the sustainable, high quality and rich product diversity that gives confidence from field to table in international markets, successfully carried out Türkiye’s national participation organisation at the Fruit Attraction 2024 Fair held in Madrid, the …

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Türkiye’s first geothermal heated agricultural base; Denizli Sarayköy

Sarayköy Geothermally Heated Greenhouse Organised Agricultural Zone, the first geothermal-based agricultural zone in Türkiye, draws attention with both modern agricultural techniques and environmentally friendly production approach. Established on a total area of 729 decares, this zone has 12 greenhouse parcels and 2 industrial parcels. Currently, tomato production is carried out …

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Kazakhstan boosts agricultural exports, enhancing trade with EU…

According to the Euractiv, Kazakhstan is among the non-EU countries set to benefit from the European Investment Bank’s €465 million fund, part of the €3 billion Pan-European Agricultural Programme launched to enhance sustainability, close financing gaps, support young farmers, and promote climate-resilient practices. This marks the largest-ever financing initiative for agriculture …

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New era in Turkish agriculture; water-centred production planning!

The Ministry of Agriculture and Forestry published a guide on its official website on the production planning and support model, which started a new era in agricultural production. Answering 33 questions, the guide aims to introduce this new model to producers. Minister İbrahim Yumaklı announced that this planning is a …

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Celal Kadooğlu: Cereals, pulses, oil seeds and products exports from Southeastern Anatolia reached 2.8 billion dollars in 10 months

Press release… The region’s 10-month export revenue in the field of cereals, pulses, oilseeds and products, the most exporting sector of Southeastern Anatolia, was 2.8 billion dollars. In the region, where approximately 1 million tonnes less basic food was exported compared to the same period of the previous year, the …

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“Türkiye is pursuing a balanced strategy in international grain trade”

Press release… Ahmet Tiryakioğlu, Chairman of Turkish Exporters’ Assembly (TIM) Cereals, Pulses, Oil Seeds and Products Sector Board, stated that the Black Sea countries have become the centre of world grain production and Türkiye is one of the few countries that direct the grain trade with its geopolitically important position. …

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“Olive oil gains 54 percent in dollar terms”

Press release… Olive oil, referred to as golden liquid, was exported like gold in the 2023/24 season. Emre Uygun, Head of Aegean Olive and Olive Oil Exporters’ Association (EZZİB), announced that the average export price of olive oil was 4.64 dollars in the 2022/23 season, while in the 2023/24 season, …

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FAO: Global food import bill to rise to over 2T dollars in 2024

Food and Agriculture Organization forecasts 22.9% hike in cocoa, coffee, tea import expenditures, contributing to overall increase… The global food import bill is estimated to increase 2.2% year-on-year to over $2 trillion in 2024, according to the Food Outlook report by the UN Food and Agriculture Organization (FAO) on Thursday. …

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