Grains and Pulses

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 …

Russia has introduced restrictions on the export of grains, of which it is a major supplier, to four former Soviet countries to secure domestic supplies and avoid a spike in prices. “Russia is introducing a temporary ban on the exportation of grains to the countries of the Eurasian Economic Union,” the government’s press …

Turkiye is not facing a shortage of sugar, the Agriculture and Forestry Ministry has said in a statement, as prices contracted on March 25. The country had a total of 400,000 tons of sugar at the end of last year’s production season, and a total of 2.5 million tons of sugar was …

Press release… ‘TRANSIT TRADING PROHIBITION RISKING TURKEY’S FOOD SECURITY HAS BEEN RELEASED’ ‘TRANSIT TRADE PROHIBITION WAS REMOVED, OPENING THE INDUSTRY’ Hüseyin Arslan, Chairman of the Board of Directors of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), stated that Turkey is an international corridor in food trade and …

Haluk Okutur, Chairman of the Board of Istanbul Cereals, Pulses, Oilseeds and Products Exporters’ Association (İHBİR), said in his statement that exports continued to rise despite the negativities in the world. Noting that as İHBİR, they realized an export of 255 million 841 thousand dollars in February with an increase …

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 …

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 …

Fearing rising prices and the perceived threat of sunflower oil shortages, customers have scrambled inrecent days to stock up on cooking oils. The Turkish government has reassured the public that a shortagedoesn’t exist. At the same time, in order to stabilize local market conditions, the government recentlyhalted cooking oil exports …

Three ships carrying tons of sunflower seed oil have departed from the Russian ports of Yeisk and Rostov, the Turkish General Directorate of Maritime Affairs has announced, adding that other vessels are also on their way to Turkey. A ship with more than 6,000 tons of sunflower oil on board, which sailed from the …

Pasta Producers and Industrialists’ Association (MÜSAD) Chairperson Nihat Uysallı made statements about the impact of the war between Russia and Ukraine on the wheat and pasta industry. Uysallı stated that Turkiye’s stock of both durum and bread wheat is sufficient. Nihat Uysallı Nihat Uysallı said that Turkiye’s stocks of both …