Finance

World food prices have increased by 17.9 points or 12.6% month-on-month in March making a “giant leap” to a new historic high, the UN’s Food and Agriculture Organization (FAO) said on Friday.  “The latest increase reflects new all-time highs for vegetable oils, cereals and meat sub-indices, while those of sugar …

Big hike in simit (Turkish bagel) prices! Simit price is over the bread price… One of the products most affected by the price hikes was the simit (Turkish bagel). The price of simit, which has been increased many times in the last year, has risen from 3 liras to 4 …

Egg prices are skyrocketing! Producers warned. Drawing attention to the increase in egg prices, YÜSAD Chairperson Metin Akman said that if no action is taken, egg prices will continue to rise. Metin Akman Head of Egg Producers, Products and Industrialists Association (YÜSAD) Metin Akman pointed out that the increase in …

Press release… Giresun Nettle, which is identified with Turkiye’s Black Sea province Giresun and known as a source of healing, was published in the bulletin of the Turkish Patent and Trademark Office dated 01.04.2022 and numbered 2022/122, as a result of the efforts of the Giresun Provincial Directorate of Agriculture …

Press release… Turkiye’s aquaculture and animal products exports to Uzbekistan reached 17 million dollars in 2021 Aegean Fisheries and Animal Products Exporters’ Association participated in the 21st International Food, Ingredients and Food Technologies Fair (UzFood 2022), held in Uzbekistan on 29-31 March, with an info stand. Bedri Girit Aegean Fisheries …

Press release… Aegean Exporters’ Associations (EİB) ramped up its exports from 1 billion 281 million dollars to 1 billion 634 million dollars with a spike of 28 percent in March and broke the record in the history of the Republic on a monthly basis. All 12 exporters’ associations under the …

Press release… Deputy Sındır: Antep pistachio production decreased by 60 percent, the green gold producer was left alone! CHP (Republican People’s Party) İzmir Deputy Professor Dr. Kamil Okyay Sındır brought the problems of Antep pistachio and Siirt pistachio producers to the agenda of the Parliament and said that the government …

Due to the wrong agricultural policies based on imports implemented in Turkey, astronomical price hikes are experienced in the food sector. Abdullah Melik, Head of Şanlıurfa (Turkiye’s prominent southeastern province) Branch of the Chamber of Agricultural Engineers, said that the problems that reached the level of famine could only be …

Ukraine is the most important sunflower growing country in the world. What are the consequences of the war for the global market? Kleffmann Digital has been using the satellite-based CropRadar system to measure the cultivation area in Ukraine for several years. In the 2021 season, the sunflower area in Ukraine …

Press release… While the tomato quantity index decreased by 20.46 percent annually, the price index increased by 191.76 percent. While the vegetable quantity index decreased by 8.95 percent annually, the price index increased by 143.14 percent. The fruit quantity index increased by 32.98 percent annually, while the price index increased …