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Grains and Pulses

“FLOUR, EDIBLE OIL AND PASTRY PRODUCTS SECTORS WILL BE NEGATIVELY AFFECTED BY THE WAR”

Press release… Hüseyin Arslan, Chairman of the Board of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), announced that they realized exports of 181.7 million dollars in February, an increase of 74 percent compared to the same period of the previous year. Noting that as AHBİB, they exported …

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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 …

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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 …

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TURKIYE; OILSEEDS AND PRODUCTS ANNUAL

Turkiye’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in MY 2022/23 isprojected to rebound from the previous year as strong prices are expected to spur increased plantings.Notwithstanding these forecasted increases in production, Turkiye is expected to continue its heavyreliance on imported oilseeds and meal. Meal and oil …

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DR. VAHİT KİRİŞCİ: NO SHORTAGE IN SUNFLOWER OIL

In response to the claims that sunflower oil stocks are depleted due to the Ukraine crisis, Minister of Agriculture and Forestry Professor Dr. Vahit Kirişci said, “Our country has sufficient sunflower oil stocks. Do not rely on baseless claims. There is nothing to be worried about.” “Speculations that do not …

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BULGARIA TO BOLSTER ITS GRAIN RESERVES!

Bulgaria has plans to bolster its grain reserves and buy enough grain from local producers to ensure domestic needs for a year ahead as it weighs in risks from Russia’s invasion of Ukraine and volatility of grain markets, its deputy premier said. Grain producers in the Black Sea country said …

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PRIORITY GIVEN TO DOMESTIC MARKET IN AGRICULTURAL PRODUCTS…

When the Russia-Ukraine war is added to the problem in food supply that started with the pandemic, measures are increasing in Turkiye. In this framework, periodic arrangements can be made in the export of some agricultural products. In this context, 34 more products were added to the list of 20 …

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GÜNHAN ULUSOY: NO SHORTAGE IN WHEAT!

With Russia’s military occupation in Ukraine, which is known as the world’s leading and Europe’s “bread basket”, wheat prices climbed to the peak of 9.5 years with 9.34 dollars. While it was discussed whether the crisis would affect Turkiye or not, it was a concern whether the two countries, which …

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NO SUPPLY SHORTAGES EXPECTED IN GRAINS!

No supply shortages of grains are expected due to the conflict between Russia and Ukraine, two countries that supply a substantial amount of Turkey’s grain imports, the country’s agriculture ministry said. Russia’s all-out invasion of Ukraine as of Thursday has raised the prospect of tighter supplies in commodities, due to the possibility …

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FOOD TO BE HIT BY WAR IN UKRAINE!

The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw materials and energy for many crucial supply chains. Global food prices already rose sharply during …

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