Browse Data and Analysis

Dry weather conditions between April and June in Turkiye’s grain-growing regions have resulted in decreased production forecasts for Marketing Year (MY) 2024/25. The Turkish government recently announced procurement prices for wheat and barley, as...

On June 28, 2024, the Turkish government published biosafety decisions reapproving the import of seven genetically engineered (GE) corn events for feed (Bt11, DAS1507, DAS59122, NK603, GA21, MON89034, MON88017) which had expired, and provided new approvals for three enzymes produced from GE-Aspergillius oryzae for industrial purposes.

The 2024 Food and Agriculture Import Regulations and Standards (FAIRS) Export Certificate Report for Turkiye lists the major export certificates and other requirements expected by the Turkish government for food and agricultural products exports to...

Turkiye is among the world’s leading economies and home to a young, mostly urban population of 85.4 million people. This dynamic has fueled the country’s rising demand for consumer-oriented agricultural products. In recent years, however, this demand has been tempered somewhat by geopolitical dynamics and persistent economic challenges, most notably record inflation and the steep depreciation of the Turkish Lira against the U.S. dollar.

As of June 1, 2024, Turkiye’s Ministry of Trade has relaxed the ban on the export of bulk and barreled olive oil, allowing up to 50,000 tons of bulk and barreled olive oil to be exported until November 1, 2024. This decision, in response to negative sentiment from domestic industry, is expected to have a positive, though limited, impact on global olive oil prices.

As of June 6, 2024, Turkiye has announced the suspension of wheat imports under the Inward Processing Regime from June 21-October 15, 2024. It also liberalized exports of milling wheat, durum wheat, and barley. In the same announcement, the Turkish Grain Board (TMO) announced new intervention prices for wheat and barley.