Grains and Pulses

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 …

Stating that there will be no shortage of stocks in the pulses sector thanks to the measures taken by the public institutions related to the Ministry of Agriculture and Forestry, Chair of the National Legumes Council Abdullah Özdemir said, “As long as there is no panic, there is nothing to …

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 …

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 …

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 …