Grains and Pulses

Türkiye has decided to enforce a 130 percent tariff on some grain imports, including wheat, corn and barley, to protect local producers, with the decision stipulated to take effect from May 1 onward. Authorities gradually started to reduce the import tariffs on those three products two years ago due to drought, lowering …

The European Union is preparing 100 million euros ($109.32 million) of compensation for farmers in countries bordering Ukraine and plans to introduce restrictions on imports of Ukrainian cereals, a European Commission spokesperson said on Wednesday. Pressure has been mounting on Brussels to work out a European Union-wide solution after Warsaw and …

Russia’s threat to bypass a landmark grain deal underpinned prices, with Chicago wheat futures climbing more than 1% on Monday, rising for the first time in four sessions. Corn prices eased, weighed down by improved weather outlook for U.S. spring plantings. “Rising Black Sea tensions could underpin U.S. wheat futures…,” …

Press release… IMPORTANT DEVELOPMENT FOR AGRICULTURE AND FOOD INDUSTRY According to the law adopted in the General Session of the Turkish Grand National Assembly (TBMM); necessary arrangements will be made by the Ministry of Agriculture and Forestry for the development and dissemination of contract production in the agricultural sector. The …

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 …

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 …

Ukraine’s harvest of grains and oilseeds will see further declines this year as Russia’s invasion drags on, an industry official warned on Jan. 26, putting further pressure on global prices for essential foodstuffs. Planting acreage will again shrink and the total harvest is forecast at 53 million tons for 2023 after 65 …

Release date: 03/02/2023 FAO’s latest forecast for world cereal production in 2022 has been raised by 8.3 million tonnes (0.3 percent) this month to 2 765 million tonnes, albeit still 1.7 percent lower year-on-year. The increase is predominantly related to wheat, reflecting upward revisions made for Australia and the Russian Federation, which …

Kazım Taycı, Chairman of the Board of Istanbul Cereals, Pulses, Oilseeds and Products Exporters’ Association (İHBİR), said, “We traveled to different countries of the world with our suitcase in one hand and samples of the products we produce in the other. We are one of the associations with the highest …

Press release… Veysel Memiş, Chairman of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), announced that they realized exports of 2.11 billion dollars in 2022 with a spike of 31 percent compared to the previous year. Veysel Memiş Noting that comprehensive incentive policies are needed to bring fallow …