The Agriculture and Forestry Ministry has dismissed claims in some media outlets suggesting that Turkiye is importing wheat from India. “Turkiye is self-sufficient and one of the top 10 countries in the world in agriculture production. It easily meets food demand from its growing population, thanks to its strong agriculture infrastructure,” the ministry said in …
Read More »GLOBAL WHEAT PRICES SOAR AFTER EXPORT BAN OF INDIA!
Global wheat prices increased after India banned wheat exports on Friday. Wheat futures prices traded in Chicago rose 5.9 percent to $12.47 and hit the highest levels of the last two months. According to the news of the Reuters agency, corn prices increased by 2 percent and soybean prices increased …
Read More »UKRAINE WAR CONSEQUENCES FOR 2022 EUROPEAN SORGHUM AREAS!
Within a few weeks, the war in Ukraine has disturbed the world economy in many of its sectors. How can this situation impact the 2022 grain areas – and in particular, those of sorghum? At the moment, it is hard to give an estimate as to the end of the …
Read More »UKRAINE’S WHEAT HARVEST MAY DROP BY A THIRD!
Ukraine’s wheat production is likely to be down by at least a third from last year due to the Russian invasion, a data analysis firm that uses satellite imagery said Friday. Ukraine is a major producer and exporter of wheat, but the invasion has disrupted planting, which is still underway, …
Read More »SUNFLOWER UKRAINE; HOW DOES THE WAR AFFECT THE GLOBAL MARKET?
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 …
Read More »WAR ENGULFS THE BREADBASKET OF THE WORLD!
Russia’s invasion of Ukraine has sent prices of food commodities—especially grains and vegetable oils—soaring. As the war in Ukraine is likely to last for several months at least, EIU expects prices of agricultural commodities to remain elevated for much of the year. Agricultural commodities prices will soar as trade is …
Read More »ALGERIA IMPOSES BAN ON VEG OIL, SUGAR AND WHEAT EXPORTS…
The disruptions in the supply of food products due to the Russia-Ukraine war led the countries to restrict food exports. Algeria also decided to ban the export of oil, sugar and wheat. It was reported that an export ban was imposed on oil, sugar and wheat products in Algeria. In …
Read More »WHEAT PRICES HIT RECORD HIGH!
Amid Russia’s war on Ukraine and rising commodity prices, wheat prices up by 30% on weekly basis… The price of wheat on Tuesday hit a historic new high of $13.63 per bushel. Amid the ongoing Russia-Ukraine war and rising commodity prices, wheat prices have climbed 30% on a weekly basis …
Read More »WHEAT TO BE MOST AFFECTED COMMODITY!
Texas A&M AgriLife economists say wheat is among the commodities that could be affected most by the war! The Russian invasion has brought devastation to Ukraine, and uncertainty and volatility fueled by the conflict are rippling through U.S. and Texas agriculture markets. Texas A&M AgriLife Extension Service economists said both …
Read More »WHEAT PRICES BOOM AMID NUCLEAR SCARE!
Wheat price reaches $444 per ton after fire breaks out at nuclear plant amid clashes between Ukrainian, Russian forces… ISTANBUL… Following nuclear fears related to the fire that broke out in Ukraine’s Zaporizhzhia Nuclear Power Plant amid clashes with Russia, wheat prices neared the level of $500 per ton in …
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THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
