Food

Turkiye announced a significant reduction in taxes on basic food supplies Saturday to counter soaring inflation while also unveiling a new credit guarantee fund package and a new model to bring “under-the-mattress” gold into the economy. President Recep Tayyip Erdoğan said the value-added tax (VAT) would be lowered to 1% …

The American agricultural industry posted its highest annual export levels ever recorded in 2021, Secretary of Agriculture Tom Vilsack announced. The final 2021 trade data published by the Department of Commerce shows that exports of U.S. farm and food products to the world totaled $177 billion, topping the 2020 total …

News release… Akhisar Commodity Exchange Chairman of the Board Alper Alhat said that with a 7 percent reduction in olive oil, both the producer, the consumer and the state will win. Alhat said, “Consumption, which has fallen to the level of 1.4 kilograms per capita, will increase again. Production will …

Bread has been among the most basic foods of mankind for thousands of years… Dr. Murat Baş Mentioning that bread is a member of the grain group, that is, foods such as bulghur, pasta, rice and bread are in the same group, Acıbadem Mehmet Ali Aydınlar University Faculty of Health …

Stating that the edible insect trade in the world constitutes a market of 55 million dollars, Assoc. Dr. Davut Şirin said that edible insects could be an alternative to meet the food needs of the increasing population. Dr. Şirin said, “Today, it is not surprising that this dietary habit, which …

Food exports from Turkiye to the United States increased by 76 percent from 68 million dollars to 120 million dollars in January 2022. On the other hand, while the USA’s food demand from Turkiye soared by 35 percent from 810 million dollars to 1 billion 94 million dollars in 2021, …

Region experiencing driest conditions since 1981, World Food Programme says… NAIROBI, Kenya… A severe drought that has hit the Horn of Africa region killed thousands of livestock and left millions of people facing severe hunger, the World Food Programme (WFP) said in a report Tuesday. The report released by WFP’s …

News release… Aegean Exporters’ Association (EİB) Coordinator Jak Eskinazi said that Turkiye exported 23 billion dollars worth of agricultural products in 2021, while EİB made an export of 5 billion 100 million dollars. Eskinazi reminded that EİB is the export leader of agricultural products by realizing 22 percent of Turkiye’s …

News release… Vegetable oils and dairy products push FAO Food Price Index higher… 03/02/2022 Rome – The gauge for world food prices went up in January, largely catalysed by supply-side constraints for vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 135.7 …