Turkey: Grain and Feed Annual

Turkey’s grain sector continues to grapple with different challenges, the most recent of which are earthquake and drought. From Post’s analysis, the drought’s impact on MY 2023/24 grain production will be more significant than the effects from the earthquake. Notwithstanding these difficulties, corn production is expected to hit a record of 7.7 million metric tons (MMT). Total grain imports in MY 2023/24 are forecast slightly down year-to-year, with wheat accounting for the bulk of imported grain. Nearly 70 percent of the wheat Turkey imports is processed and re-exported as flour and pasta. Meantime, in order to suppress high prices, the government extended its zero tariffs on imported grains through part of the year.