Statistical Facts

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

FAO food price index jumps 24.1% from last year… World food prices reached an all-time high in February, the Food and Agriculture Organization (FAO) said in a statement Friday. FAO said its food price index averaged 140.7 points in February, up 3.9% from January — a significant increase of 24.1% …

Press release… Aydın Provincial Director of Agriculture and Forestry Ahmet Ökdem said that Turkey ranks fifth in the world with an annual strawberry production of 546 thousand tonnes. He noted that in Aydın, which is the second largest province in strawberry production in Turkiye, strawberry production is concentrated mostly in …