Finance

Press release… Sultani seedless table grapes will be exported on 25 July… Sultani seedless table grape exports targeted at 100 million dollars… The export journey of Sultani seedless table grapes, the favourite of the Sultans’ tables in Ottoman cuisine, starts on Thursday, 25 July 2024. Hayrettin Uçak Hayrettin Uçak, Chairman …

Press release… Humanity’s passion for flavour increases interest in spices. The Turkish spice sector turns the search for flavour into an opportunity. Türkiye’s spice exports surged by 27 percent in the first half of 2024, from 89 million to 113 million dollars. Variety of spices on kitchen table Stating that …

Most African countries have not reached the Malabo target of investing 10 per cent of their national budgets in agriculture. But focusing only on the Malabo target disguises the fact that public investment in agriculture has nevertheless risen significantly. To make African agriculture more resilient to shocks and improve food …

Press release… ‘Türkiye produces approximately 250 KG of wheat per capita’ Ahmet Tiryakioğlu, Chairman of Turkish Exporters’ Assembly (TIM) Cereals, Pulses, Oil Seeds and Products Sector Board, stated that the world wheat production will be close to 800 million tonnes this year. Ahmet Tiryakioğlu “When these data are multiplied by …

The AfDB president, formerly a minister of agriculture for Nigeria, said that the policy risks turning the country into an import-dependent nation. July, 2024… Akinwumi Adesina, the president of the African Development Bank, has said the decision by Nigeria’s government to allow large-scale food importation risks destroying the country’s agriculture sector. Akinwumi Adesina …

Türkiye’s chilli pepper exports soared by 26 percent in the first half of the year compared to the same period last year, rising to 6 million 878 thousand dollars. According to data from the Southeastern Anatolia Exporters’ Associations (GAİB), 12 million 226 thousand dollars of chilli pepper exports were made …

Hazelnut yield to surge by 14 percent in 2024… Hamza Bölük, Chairman of the Board of Directors of the National Hazelnut Council (UFK), announced that they foresee that the hazelnut yield will be 738 thousand 931 tonnes in 2024 with an increase of 14 percent. Hamza Bölük Hamza Bölük, Chairman …

Press release… Export leader in fresh tomato and apple juice… Stating that the exports of the Aegean Fresh Fruit and Vegetable Exporters’ Association (EYMSİB) in the first half of 2024 surged by 4 percent from 595 million dollars to 618 million dollars, Hayrettin Uçak, Head of the EYMSİB, said, “In …

Fruit and vegetable prices should normally decline in summer months compared with winter as more produce is made available to consumers. However, this is not happening this year. According to experts, there are two main factors that are driving prices up: Climate change-related drought, which grips Türkiye and reduces fruit and vegetable output, and …

At a high-level meeting on 27 June in Geneva, FAO Director-General Qu Dongyu told participants that by 2050 global food production will need to increase by at least 30-40% – while also minimising the negative impact on the environment. Qu Dongyu The event was among several sessions dedicated to trade and food …