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PACE OF INCREASE IN AGRICULTURAL INPUT PRICES SLOWS…

The agricultural input price index soared by 2.6 percent monthly in September, slowing from the 6.9 percent rise recorded in August. Consequently, the year-on-year increase in the input prices eased from 41.3 percent to 40.97 percent, according to the data from Turkish Statistical Institute (TÜİK). The input prices have risen 33 percent since December 2022. …

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OLIVE PRODUCTION AREAS GROWING RAPIDLY IN MANISA’S ALASEHIR REGION…

Olive production areas are increasing rapidly in Manisa’s Alaşehir district… Farmers increased olive production as an alternative to the world-famous Seedless Sultaniye Grape. Olive areas exceeded 40 thousand decares. Farmers in search of alternative products to the world-famous Seedless Sultaniye Grape increased olive production even more this year. While vineyard …

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TURKISH FISHERMEN FISHING IN THE OCEANS!

Minister of Agriculture and Forestry İbrahim Yumaklı stated that they aim to ramp up the export of fishery products to 2 billion dollars by the end of the year and said, “Turkish fishermen catch approximately 1 million tonnes of fish in international waters and oceans, which is at least 3 …

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TEN GERMAN FARMS WENT BUST EACH DAY LAST DECADE!

Germany saw an average of 10 farms go out of business every day in the last decade, according to the German government’s agricultural policy report, which has spurred associations and the opposition to call on the agriculture minister to take action. The number of farms that closed between 2010 and …

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“HIKES IN INPUT COSTS EXCESSIVELY FORCE HAZELNUT EXPORTERS”

Press release… Sebahattin Arslantürk, Vice Chairman of Eastern Black Sea Exporters’ Association (DKİB) Hazelnut and Hazelnut Products Sector Committee, stated that the continuation of the demand contraction caused by inflationary pressures in export markets and the cautious behaviour of buyers in their orders slowed down the rate of increase in …

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WILD OLIVE TREES ARE BROUGHT TO THE ECONOMY…

The project carried out by Yudum Egemden and the Seed Association in order to bring wild olive trees known as “delice” (Wild – Olea oleaster) into the economy has entered its second year. The trees vaccinated in Kuşadası district of Aydın province were adopted by farmers. The olive tree that …

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AFRICA’S GEOTHERMAL POTENTIAL BUBBLES OVER!

Africa set to overtake Europe on geothermal capacity, says consultancy… Surging geothermal output has led to a leap in profits for Kenyan utility KenGen, as Rystad Energy predicts Africa’s geothermal industry will be bigger than Europe’s by 2030... Africa’s geothermal capacity is set to more than double in the next …

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FERHAT GURUZ: OUR MOVES TO SURGE MARKET DIVERSITY REFLECT IN EXPORT REPORTS

Press release… Evaluating the export performance of the Turkish fresh fruit and vegetable sector in October according to product groups and countries, Ferhat Gürüz, Chairperson of Mediterranean Fresh Fruit and Vegetable Exporters’ Association, in his written statement, said: “Our sector, which evaluated 448 thousand tonnes of products in international markets …

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MEHMET ALI ISIK: TURKISH FOOD PRODUCTS HIGHLY APPRECIATED IN CHINA IMPORT EXPO

Press release… Turkish exporters successfully left China’s largest import fair behind. 15 Turkish companies worked overtime to boost Türkiye’s exports to China at China’s most prestigious fair, China International Import Expo 2023 (CIIE), held for the 6th time in Shanghai, China on 5-10 November 2023. Mehmet Ali Işık Mehmet Ali …

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GLOBAL SUGAR PRICES HIT BY EL NINO!

El Nino fallout; global sugar prices surge as Asian crops bear brunt Spiraling sugar prices left Ishaq Abdulraheem with fewer choices. Increasing the cost of bread would mean declining sales, so the Nigerian baker settled on cutting his production by half. For scores of other bakers struggling to stay afloat …

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