Agricultural Economy

Press release… Hocaoğlu Ziraat, a producer of Gölmarmara district of Manisa province, makes organic production on 330 decares, delivered the first early harvest olive oils of the season to Alhatoğlu, one of the leading brands in the sector. Producers Immet, Ozan Cemal and Onur Hocaoğlu said that they obtained their …

The banking sector continues its strong support to agriculture, one of Turkey’s strategic economic spheres. Offering special opportunities and credit facilities to farmers, especially with their agricultural banking concept, banks continue to stand by the farmers with different products, taking into account the needs of the agricultural sector and seasonal …

Press release… 8 billion 78 million dollars export from Aegean Exporters Associations (EİB) in 8 months. Aegean Exporters’ Association, in January-August period, made export to 214 points, including free zones and brought 8 billion 78 million dollars in Turkey. EİB Coordinator Jak Eskinazi said that despite the negative picture in …

Burak Koçak, Deputy General Manager of DenizBank Agricultural Banking Group, said that with the acquisition of Tarişbank in 2003, they have reached a high market share of 48 percent among private banks in 17 years in agricultural banking. Emphasizing that each product group in the agricultural sector or even each …

Korea is facing a number of challenges in the efforts to develop hi-tech agriculture and smart farming. The small farmland sizes, lack of cooperation and lack of entrepreneurship between the stakeholders are amongst these challenges. Although the ambition of the government is to modernize the industry with new policies, the …

The Turkish agriculture sector’s annual average growth rate is much higher than its OECD and EU peers, with 2.7 percent in the last 10 years, the treasury and finance minister has said. “Our agricultural export figure has increased to $19.4 billion from $3.7 billion in 2002. Red meat production has increased from …

Ferhat Pişmaf, the Marketing Group Head of Agricultural Banking at Ziraat Bank, told Anadolu Agency (AA) correspondent that the amount of loans they provided for agricultural production in the 2010-2020 period exceeded TL 258 billion and the number of producers they made loans surpassed 4.5 million people. Pişmaf said, “As …

According to the Federation of Food and Drink Industry Associations of Turkey (TGDF) Digital Data Panel prepared by Agrimetre, in the first 7 months of 2020, the agriculture, food and beverage industry realized 11.37 billion dollars of exports and 9.26 billion dollars of imports. According to the foreign trade data …

73 million dollars worth of fishery products exported from the Eastern Black Sea in 8 months According to the data of the Eastern Black Sea Exporters’ Association (DKİB), from the Eastern Black Sea Region in January-August 2020, 33.555 tons of fishery products were sold to 29 countries. During the period …

The Turkish cotton crop for marketing year (MY) 2020/21 is now estimated at 350,000 hectares and 615,000 metric tonnes (MT) (2.825 million bales). Low yields, unattractive cotton prices, inflated costs, uncertainty created by COVID-19 and better returns from alternative crops in addition to not enough subsidies from Goverment of Turkey …