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Tag Archives: Agricultural input prices

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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AGRICULTURAL INPUT PRICES UP 133 PERCENT YEAR-ON-YEAR!

Input prices in the agriculture sector rose by 133.4 percent year-on-year in July, easing from 135 percent in the previous month. The sub-index for the cost of goods and services, which increased 8.3 percent in June, advanced 0.71 percent month-month, for an annual rise of 142 percent, while the monthly …

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AGRICULTURAL INPUT PRICES EXCEED 50 PERCENT ACROSS TURKIYE!

Annual price hikes in agricultural inputs exceeded 50 percent in January! While the agricultural input price index (Agriculture-GFE) increased by 10.12 percent in January 2022 compared to the previous month, the annual rate of increase was 57.26 percent. The annual rate of increase in fertilizers was 153.34%. Fertilizer Turkish Statistical …

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USDA SECRETARY TOM VILSACK ASKS DEPARTMENT OF JUSTICE TO INVESTIGATE CROP INPUT PRICES!

USDA Secretary Tom Vilsack wants the Department of Justice (DOJ) to ensure seed companies and other input suppliers are not using their market power and current conditions to raise prices unfairly. “It’s important for us to ask questions about whether all of these increases, every penny of these increases, is …

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