Agricultural Economy

Press release… Harvest enthusiasm in quince, where Türkiye is the world leader in production and export… Harvest enthusiasm is experienced in quince, which Türkiye is the first in production and export across the world. Aegean Fresh Fruit and Vegetable Exporters’ Association organized a “Quince Harvest Ceremony” in Selçuk District of …

Press release… Türkiye Fisheries and Animal Products Exporters’ Associations Sector Board Chairman Sinan Kızıltan said that they are one of the first sectors to achieve their export targets for 2023. “While 70 percent of Türkiye’s aquaculture exports are realized by our Aegean exporters, Muğla and Izmir, which contribute the most …

The agriculture producer price index (PPI) advanced 4.59 percent in October from the previous month, data from the Turkish Statistical Institute (TÜİK) have shown. The pace of the monthly increase in the agriculture PPI, however, slowed from September’s 7.14 percent. The annual increase in the agriculture PPI accelerated from 156 percent in …

The Turkish competition authority opened an investigation into Ferrero and its subsidiaries, Türkiye’s top hazelnut purchaser, over findings that showed the Italian chocolate producer and confectionary giant has violated the country’s competition laws. A statement by the competition watchdog said that the preliminary investigation showed that Ferrero and its subsidiaries …

Press release… The first four-year phase of the Turkish Tastes Turquality project, carried out by the Aegean Exporters’ Associations (EIB) in the US market with the support of the Ministry of Trade, has successfully concluded by reaching its targets. Preparations for the second phase of the project are also carried …

The European Bank for Reconstruction and Development (EBRD) is extending up to 20 million euroes loan in financing to Tat Gıda, one of Türkiye’s key food producers specialising in plant based food. Tat Gıda the market leader in branded tomato paste, ketchup and canned food. The new EBRD loan will finance Tat Gıda’s initiatives for …

Global spending on food imports is expected to reach a record $1.94 trillion in 2022, the UN’s Food and Agriculture Organization warned on Nov. 11, a 10 percent jump compared to the previous year due to rising prices. The new forecast would mark “an all-time high”, and is due to the depreciating values …

Türkiye can store and transport Black Sea grain products, says head of International Association of Operative Millers – Eurasia… SAMSUN, Türkiye… Citing recent events in the Black Sea grain trade, the head of the International Association of Operative Millers – Eurasia said there is reason to believe Türkiye can be …

Exports of agricultural and processed food products in India increased by 25 pct in the first six months of the current fiscal year 2022-23 (April-September) compared to the same period in FY 2021-22. The total export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to USD 13771 …

The wheat to be purchased from Russia within the scope of the grain corridor will be processed in Türkiye and sent to underdeveloped countries, Agriculture and Forestry Minister Vahit Kirişci has said. “The president [Recep Tayyip Erdoğan] wishes to give the wheat we bought for free as bulgur and flour for free,” Kirişçi told reporters on …