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WHEAT PRICES HIT RECORD HIGH!

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 …

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FOOD PRICE INFLATION PUSHES MILLIONS INTO POVERTY!

The continued steep rise in food price inflation, from 3.4% in 2019 to 5.7% at the beginning of this year, remains a major concern for South Africa, as it is exacerbating poverty and food insecurity among the country’s poorest households. The sharp rise in food inflation is driven by both …

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WHEAT TO BE MOST AFFECTED COMMODITY!

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 …

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HAYRETTİN UÇAK: WE SUPPORT YOUNG AGRICULTURAL ENTREPRENEURS

Press release… Young people to be brought to the Agricultural Sector with Third Generation Agricultural Entrepreneurship… The increase in the average age in the agricultural sector with each passing day stands out as one of the biggest problems in front of sustainability in the agricultural sector. Aegean Fresh Fruit and …

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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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FIRST OLIVE OIL LICENSED WAREHOUSE TO BE ESTABLISHED IN AKHİSAR!

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 …

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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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COMMODITIES CHAOS HITS AFRICA!

Just over a week into Russia’s invasion of Ukraine, the fallout of the war and unprecedented sanctions on Moscow are shaking global supply chains and financial markets, with the impact already being felt in Africa. With Russia a major producer of commodities including oil and wheat, sanctions and supply chain disruption are causing commodity …

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AEGEAN EXPORTERS OPPOSE THE BAN ON EXPORT OF BULK OLIVE OIL!

Press release… Aegean Olive and Olive Oil Exporters’ Association (EZZİB) made a declaration on the ban on the export of bulk olive oil! “As the only representative of olive oil exporters in Turkiye, we find the ban on olive oil export in packages over 5 kg by the Ministry of …

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PROFESSOR DR. VAHİT KİRİŞCİ, THE NEW MINISTER OF AGRICULTURE AND FORESTRY!

Professor Dr. Vahit Kirişçi was appointed to replace the Minister of Agriculture and Forestry Dr. Bekir Pakdemirli with the Presidential Decree published in the Official Gazette. Dr. Bekir Pakdemirli Dr. Vahit Kirişci, who succeeded Dr. Bekir Pakdemirli, was born on December 4, 1960 in Kahramanmaraş province. Dr. Vahit Kirişci is …

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