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Finance

ISTANBUL MEETING TAKES A CRITICAL STEP TOWARD ENSURING THE EXPORT OF GRAIN!

The first meeting in months between Russia and Ukraine took a critical step toward ensuring the export of desperately needed grain from Ukraine’s Black Sea ports to help ease the global food crisis. Turkey announced a deal with Ukraine, Russia and the United Nations on Wednesday aimed at resuming Ukrainian …

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MUHAMMET OZTURK: POPPY SEED EXPORTS EXCEED 81 MILLION DOLLARS IN THE FIRST HALF OF THIS YEAR

Aegean Exporters’ Associations (EIB) reported that poppy seed exports, which were 7.9 million dollars in the first half of last year, exceeded 81 million dollars this year with the opening of the Indian market after 2.5 years.According to the statement made by the EIB, 67 million 380 thousand dollars of …

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HARVEST OF WORLDWIDE KNOWN TASKOPRU GARLIC KICKS OFF!

The harvest of Taşköprü (a district of Kastamonu province) garlic, known as “white gold” in Kastamonu, has begun. Garlic, which is the main income source of approximately 4 thousand families, is estimated to produce around 25 thousand tonnes this year. According to the quality and size of the garlic, kilogram …

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SENCER SOLAKOGLU: MILK MARKET IS IN DEAD END AT THE MOMENT!

Sencer Solakoğlu, Chairperson of Dairy, Meat and Cattle Breeders’ Association (TÜSEDAD), criticized the fact that the Food Committee has been taken from the Ministry of Agriculture and Forestry and placed under the control of the Ministry of Treasury and Finance and that the milk price was not increased on the …

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RUSSIA AND UKRAINE AGREE ON GRAIN CORRIDOR IN ISTANBUL MEET!

Russia and Ukraine have agreed on the establishment of secure corridors for exporting the Ukrainian grain from the Black Sea, the Turkish defense minister has said, adding that the sides will sign an agreement during the next week’s meeting again in Türkiye, announcing that a months-long impasse is broken at the Istanbul meeting on July 13. …

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4-WAY GRAIN TALKS DUE IN ISTANBUL AS TURKIYE SAYS “TIME TO ACT”

Kyiv and the United Nations are set to join Russia and Turkey in consultations on grain exports from Ukraine, as a fresh round of talks is set to take place on Wednesday, a senior official said. Defense Minister Hulusi Akar’s remarks on Tuesday come shortly after Interfax news agency, citing …

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GLOBAL FOOD PRICES CONTINUE TO FALL IN JUNE!

FAO food price index averages at 154.2 points in June, down 2.3% from month ago… Global food prices continued to decrease in June for the third consecutive month, thanks to a fall in prices of vegetable oils, cereals and sugar, the UN Food and Agriculture Organization (FAO) said. The FAO …

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UN REPORT; GLOBAL HUNGER NUMBERS ROSE TO 828 MILLION IN 2021

Rome/New York – The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United Nations report that provides fresh evidence that the world is moving further away from its …

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MALAYSIA SEEKS WHEAT IMPORT FROM TURKIYE TO DIVERSIFY SOURCES…

Malaysia is considering importing wheat from Turkey to diversify its food sources amid the worldwide battle with soaring prices and supply bottlenecks. Ismail Sabri Yaakob The issue is expected to be widely discussed during Malaysian Prime Minister Ismail Sabri Yaakob’s four-day trip to Turkey. Yaakob, who arrived in the country …

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“WE NEED JOINT ACTION TO TACKLE FOOD CRISES”

Turkiye’s minister of agriculture and forestry on Wednesday called for international and multilateral cooperation to tackle food insecurity. In his address to the Economic Cooperation Organization’s (ECO) 7th Ministerial Meeting on Agriculture in Uzbekistan’s capital Tashkent, Professor Dr. Vahit Kirişci said: “Our primary responsibility is to leave a habitable world …

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