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Statistical Facts

“OUR TARGET IS TO REACH 500 MILLION DOLLARS IN DRIED APRICOT EXPORTS”

Ramazan Özcan, Chairman of Malatya Commodity Exchange, said that despite the recent negative developments in the world, dried apricot exports continue rapidly. Özcan said, “Hopefully, we are making an effort to carry our dried apricot exports to the points we target by completing the months of March and April in …

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“FLOUR, EDIBLE OIL AND PASTRY PRODUCTS SECTORS WILL BE NEGATIVELY AFFECTED BY THE WAR”

Press release… Hüseyin Arslan, Chairman of the Board of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), announced that they realized exports of 181.7 million dollars in February, an increase of 74 percent compared to the same period of the previous year. Noting that as AHBİB, they exported …

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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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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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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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WHEAT PRICES BOOM AMID NUCLEAR SCARE!

Wheat price reaches $444 per ton after fire breaks out at nuclear plant amid clashes between Ukrainian, Russian forces… ISTANBUL… Following nuclear fears related to the fire that broke out in Ukraine’s Zaporizhzhia Nuclear Power Plant amid clashes with Russia, wheat prices neared the level of $500 per ton in …

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