Turkey: Grain and Feed Annual
The wheat production estimate for Marketing Year (MY) 2014/15 is 15.25 million metric tons (MMT) and the forecast for MY 2015/16 is 18 MMT. Rainfall in MY 2014/15 was significantly higher than the previous two years. Barley production in MY 2015/16 is forecast at 6.6 MMT. Turkey’s feed sector is increasing. The government increased the agricultural support budget from 9.7 billion Turkish Lira (TL) in 2014 ($4.49 billion) to 10.1 billion TL ($4.1 billion) in 2015. The Turkish Grain Board (TMO) is currently selling stocks to open space for an expected bumper harvest.
