Licensed Warehouses

The Ministry of Trade extended the maximum storage periods in the licensed warehousing practice for some agricultural products. STORAGE PERIOD INCREASED FROM 24 TO 36 MONTHS… The Regulation of the Ministry of Trade on the Amendment of the Regulation on Licensed Warehousing of Agricultural Products entered into force after being …

Press release… ELÜSMarket, (ELÜS – Electronic Warehouse Receipt – EWR) a product market intermediary institution incorporated company, has been officially established with a capital of 21 million 450 thousand Turkish liras. The company is a partnership between 21 Commodity Exchange and İş Yatırım Menkul Değerler A.Ş. The establishment ceremony took …

Stating that there has been an extreme year in grains, Ali Kırali, General Manager of the Turkish Mercantile Exchange (TMEX – TÜRİB), said, “The harvest is good, our warehouses are full.” Regarding the effect of Turkish Grain Board (TMO) on the grain market, Kırali said, “TMO, which has been putting …

Press release… Aegean Agricultural Products (Ege Tarım Ürünleri) Licensed Warehousing Inc. (ELİDAŞ) was founded in 2011 under the leadership of İzmir Commodity Exchange by 19 corporate partners to develop licensed warehousing system and cotton trade in Türkiye and offers an effective trading opportunity to the sector with the electronic product …

Rıfat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) said they have revolutionized the Turkish agriculture. Licensed warehouse Hisarcıklıoğlu said, “The Union of Chambers and Commodity Exchanges of Türkiye has made two important revolutionary projects for Turkish agriculture. First, we have established licensed warehouses. Licensed …

First in Turkiye! Manisa’s Akhisar district establishes olive oil licensed warehouse Akhisar Commodity Exchange will complete the missing piece of the olive oil supply chain. With the licensed warehouse approved by the Ministry of Trade, the traceability of olives and olive oil will increase, and adulteration will be prevented. Upon …

Malatya Commodity Exchange Chairman Ramazan Özcan said that April’s export figures made the region and the country’s economy happy. Stating that they have increased in value this year compared to April last year, Özcan said, “Last year, we exported 7 thousand tonnes of dried apricots in April and earned 18 …

Speaking to Anadolu Agency ahead of the World Soil Day, Nov. 5., Eren Günhan Ulusoy, the head of the International Association of Operative Millers (IAOM) Eurasia, said the global climate change undoubtedly affected the agricultural sector closely. Problems due to global climate change, especially the shift in the precipitation regimes, …

Turkish Grain Board (TMO) General Manager Ahmet Güldal said that a good production period has been passed in agriculture and 2020 will be a better period than last year. Güldal said, “We are faced with a yield above the average of previous years.” Stating that for the sustainability of agriculture, …

Apricot planted areas as of years in Turkey is not seen much change despite experiencing a surge in production and yield quantities. Late spring frosts are accepted as the most important reason for these fluctuations. Apricot production areas increased to 1.3 million decares and production reached 847 thousand tons as …