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Agricultural Economy

JAK ESKINAZI: LOW EXCHANGE RATE AND LOW INTEREST POLICY DON’T SUPPORT EXPORTS!

Press release… Turkish Statistical Institute (TURKSTAT) data reveals that the low exchange rate-low interest policy supports imports more than exports! While Türkiye had a foreign trade deficit of 46 billion dollars in 2021, it jumped to 110 billion dollars in 2022. Jak Eskinazi Commenting on Türkiye’s foreign trade data, Aegean …

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MUHAMMET OZTURK: WE ARE PROUD OF BEING BOOSTED OUR EXPORTS TO 1 B DOLLARS

Press release… While Türkiye exported 25 billion dollars of food products in 2022, the grain, pulses, oilseeds sector was at the peak of food exports with an export of 11.4 billion dollars. The sector alone realized 46 percent of Türkiye’s food exports. Cereals, pulses and oilseeds sector which is the …

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AIRPONIX SOLUTION NUTRIENT SPRAY REDUCES WATER REQUIREMENTS!

A nutrient spray is being used by Airponix to deliver a growing system that makes agricultural sustainable in extreme conditions... Michael Ruggier is speaking at “CEA is Growing Up” he is the CEO of Airponix which has a smart, sustainable and soilless system that is designed to support the growth of a …

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CHICKEN EGG PRODUCTION INCREASED IN DECEMBER…

In December 2022, chicken egg production increased by 4.3 percent compared to the same month of the previous year and became 1.75 billion units. Chicken egg production increased… Turkish Statistical Institute (TÜİK) announced the poultry production data for December 2022. Accordingly, chicken meat production was 201,123 tonnes and chicken egg …

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QUAKES COULD RESULT IN LOSS OF UP TO 1 PERCENT OF TURKIYE’S GDP IN 2023!

The devastating earthquakes that struck Türkiye last week could result in a loss of up to 1% of the country’s gross domestic product (GDP) this year, said the European Bank for Reconstruction and Development (EBRD) on Thursday. In its latest report, the ERBD said this is a “reasonable estimate” due to the …

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THERE IS LITTLE WATER IN THE MOSUL DAM LAKE!

The water level behind the Mosul Dam has dropped, causing an electric power plant in the north of the country to shut down. To restore the level to its height, Iraq appealed to neighboring Iran and Turkey to release water to its lands as a solution to the problem, and the …

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RUSSIA LIMITS GRAIN EXPORTS TO 25.5 MILLION TONNES!

Restrictions come into effect Wednesday and are valid until June 30… MOSCOW… Under a decree passed last December, effective Wednesday, Russia has limited its grain exports to foreign countries to the amount of 25.5 million tons. The restrictions will be valid until June 30, and do not apply to grain …

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EU AREA UNDER ORGANIC FARMING GROWS BY 41 PERCENT IN FIVE YEARS…

The area under organic farming in the European Union (EU) has increased by 41% within five years reaching 14.8 million hectares in 2020, according to a report published by the European Commission.EU agricultural land farmed organically grew by more than 50% in the 2012-2020 period, with an annual increase of …

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DESPITE THE WAR, UKRAINE SETS A NEW RECORD FOR ORGANIC EXPORTS IN 2022!

Ukrainian producers of organic products have achieved something almost unbelievable through the support of the Research Institute of Organic Agriculture FiBL. In 2022, the year of the war, Ukraine managed to increase its exports of organic agricultural products by 13 %. From 14–17 February 2023, Ukraine will once again attend …

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FAO; MONTHLY REPORT ON FOOD PRICE TRENDS

Food Price Monitoring and Analysis (FPMA) Bulletin #1, 10 February 2023… International prices of wheat fell again in January, as the short-term outlook for global supplies continued to improve, in particular following latest estimates of larger 2022 outputs in Australia and the Russian Federation than earlier expected. By contrast, international …

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