Finance

Food companies, especially food exporting firms, are hoping that they can benefit from a recent regulation that paves the way for the Agriculture and Forestry Ministry to lease out agricultural lands that are not cultivated for two consecutive years. According to the regulation published in the Official Gazette last week, it will …

Press release… Southeastern Anatolian Exporters’ Associations (GAİB) took action regarding the allegations that the oils obtained from soybeans imported under the Inward Processing Regime for use in the feed sector are used in blending oils. Celal Kadooğlu, Chair of Southeastern Anatolian Cereals, Pulses, Oil Seeds and Products Exporters’ Association (GAİB), …

Turkish honey was sold to 11 countries, especially to the USA, from the Eastern Black Sea region in the January-July period. Saffet Kalyoncu Saffet Kalyoncu, Chairman of the Board of Directors of the Eastern Black Sea Exporters Association (DKİB), said 335 tonnes of honey was exported from the region in …

Atıf Malkoç, Head of Black Sea province of Samsun’s Fisheries Cooperatives Union stated that the anchovy fishing quota to be implemented as of this season will negatively affect the fishermen and citizens and said, “Anchovy will compete with gold.” Atıf Malkoç Pointing out that anchovy catch constitutes 65 percent of …

The “strategic dialogue on the future of agriculture” has entered its final stages.   The 29 food sector representatives invited to the roundtable, set up by European Commission President Ursula von der Leyen to “tackle polarisation” in the sector, will discuss a draft version of the dialogue’s conclusions next week.  Ursula von der Leyen Previous meetings …

Mutlu Doğru, Head of Adana Farmers’ Association, draws attention to the dissatisfaction of farmers engaged in agricultural production all over Türkiye due to problems such as increasing costs, low market prices and shrinking demand and stated that some measures should be taken for the continuation of agricultural production. These suggestions …

Press release… The 7-month exports of the region in the field of cereals, pulses, oil seeds and products, which is the most exporting sector of Southeastern Anatolia, was 1.9 billion dollars. During this period, total cereal exports from the region exceeded 2.5 million tonnes. Companies in the region exported 586 …

Press release… Mehmet Ali Işık, Chair of the Aegean Dried Fruits and Products Exporters’ Assocaition, stated that they entered the 2023/24 season with an export target of 300 million dollars in dried figs, the fruit of paradise. Mehmet Ali Işık Pointing out that dried fig exports reached 277 million dollars, …

Press release… PASHA Bank continues to add strength to the real sector with Asset Backed Securities (VDMK) issuances. PASHA Bank, on behalf of Tarfin Agriculture, issued TL 90 million with an average maturity of 114 days with an annual simple yield of 53.06 percent and a Turk Rating A1 rating. …

Press release… Since 2018, Türkiye’s East Mediterranean province of Mersin has become the ‘Partner City’ of Interfresh Eurasia Fair, which has been organised since 2018 and has become Türkiye’s showcase of the fruit and vegetable sector in the world. Mersin province, with its citrus fruits, fruit and vegetables, flavours, institutions …