The Union of Chambers and Commodity Exchanges of Turkey (TOBB) is set to present a report on ways to curb rising food prices to the authorities, an executive of the union has said. “We will convey our proposals including an array of measures to the Central Bank and the relevant ministries and we will …

The Turkish Central Bank on Feb. 4 announced its decision to form a division in charge of analyzing developments in the food and agricultural product markets. This division will “perform an early warning function by carrying out a detailed and timely analysis of data regarding the prices of food and …

Cultivation areas across Turkey have narrowed dramatically over the recent years, while hikes in food prices on a global scale are making it harder to import agricultural products, a former official has warned. “We have 15.3 million hectares [153,000 square kilometers] of lands under cultivation and 2 million hectares of non-cultivated lands. Thus, …