Browse Data and Analysis

Turkey recently announced that the tariff on imported sunflowerseed would increase from zero to 5 percent from October 27 through the end of 2022. This revision coincides with Turkey’s sunflowerseed harvest.

With favorable weather conditions and an expansion in the area harvested, Turkey’s sunflowerseed production is forecast to hit a record of 1.9 million metric tons (MMT) in marketing year (MY) 2022/23. Production of sunflower meal and oil are likewise projected at record highs.

Turkey’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in MY 2022/23 is projected to rebound from the previous year as strong prices are expected to spur increased plantings.