Turkey’s total production of oilseeds covered in this report (soybean, sunflowerseed and cottonseed) in MY 2021/22 is projected to increase around 18 percent to 3.1 MMT compared to MY 2020/21.
This increase assumes improved yields because of adequate rain and an increase in planted area. Turkey’s sunflowerseed oil imports and exports went up significantly in MY 2020/21 because of the increasing refining activity of Turkish companies.
Turkey also increased its crush capacity with imported soybeans in 2020. Turkey struggles with food inflation because of corona virus measures, which is exacerbated by a weak Turkish Lira and high international commodity prices.
The Ministry of Agriculture and Forestry approved new genetically engineered (GE) soybean and corn events for feed in January and February, 2021.
Source: USDA Foreign Agricultural Service (FAS)