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Oil Seed Crops

VEYSEL MEMIS: MEDITERRANEAN EXPORTERS REACHED 134 M DOLLARS IN CEREALS, PULSES, OILSEEDS AND PRODUCTS FOR MAY

Veysel Memiş, Chairperson of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), evaluated the export figures of the sector in Turkiye along with AHBİB in cereals, pulses, oilseeds and products for May. Veysel Memiş announced that the region’s exports reached 134 million dollars with an increase of 19.7 …

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AGRICULTURAL COMMODITY PRICES INCREASE GLOBALLY!

Agricultural commodity prices increase amid Russia-Ukraine war, unfavorable weather conditions… The selling pressure in the commodity market continued for weeks, amid geopolitical risk and Fed’s “hawkish” policies. Wheat Although the commodity market was dominated by geopolitical risks and rallies in March, the fact that the world’s leading central banks, especially …

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CANOLA PRODUCTION BOOSTS RAPIDLY IN EDIRNE REGION…

Canola, which has recently come to the forefront as an alternative crop that can reduce imports with its economic return and high oil capacity, has increased from 11 thousand decares to 90 thousand decares in Edirne province, becoming both a rival to sunflower and an alternative product. In Edirne region, …

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INDONESIA BANS PALM OIL EXPORTS!

Indonesia announced on Friday a ban on palm oil exports in a bid to stymie the soaring domestic price of cooking oil.Palm oil is the most produced, consumed and traded edible oil in the world.The price of cooking oil has risen substantially as a result of the conflict in Ukraine. …

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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 …

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TURKISH GOVERNMENT INTERVENES TO STABILISE COOKING OIL MARKET…

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 …

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THREE SHIPS CARRYING SUNFLOWER OIL TO ARRIVE IN MERSIN ON MARCH 15…

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 …

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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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TAHİR BÜYÜKHELVACIGİL: THE WAR CAUSED CONCERN IN VEGETABLE OIL INDUSTRY

Tahir Büyükhelvacıgil: The inability to import from these countries due to the Russia-Ukraine war caused concern in the oil industry. Stating that ships to import raw materials from both countries could not come to Turkey during the war, Tahir Büyükhelvacıgil, Chair of the Vegetable Oil Industrialists’ Association (BYSD), said, “Price …

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