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On December 25, 2024, Türkiye unexpectedly increased the Special Consumption Tax (SCT) on distilled spirits by 12.5 percent, excluding domestically produced raki.
MY 2016 sunflowerseed area and production are now estimated at 550,000 hectares and 1.2 million MT while planting area is up about ten percent, production was up about twenty percent...
Following the completion of the wheat harvest, Post has revised the wheat production forecast down to 17.25 MMT in MY 2016/17.
Depending on the location of orchards and regions, tree nut production was affected by the poor weather conditions, such as less rainfall compared to normal and previous-year values...
Turkish poultry production is expected to stagnate in 2016 because of export difficulties within the region and is expected to slightly increase in 2017.
Livestock numbers and red meat prices have been a critical issue for the current administration of the Turkish Ministry of Food, Agriculture and Livestock (MinFAL) as they try to address...