Browse Data and Analysis

Since the beginning of 2023, the Turkish Lira (TL) has weakened by around 20 percent against the U.S. dollar. Despite the economic turmoil, demand for chicken meat is relatively stable, even with expected increased poultry market prices in correlation with increasing inflation.

Türkiye’s cattle inventories are forecast to contract in 2024 for the fourth straight year as farmers continue marketing their underweight animals ahead of schedule to minimize losses from rising input costs, especially feed.