Turkey: Grain and Feed Update
Wheat production is forecast at 19.5 million metric tons (MMT) in marketing year (MY) 2015 because of high yields, especially in Central Anatolia. There are record production forecasts for barley and corn. Barley production is forecast at 7.4 MMT and corn at 5.8 MMT. However, there are quality problems everywhere. Strong local production will reduce import demand for all grains. The Turkish Grain Board (TMO) announced 2015 grain procurement prices on June 6, 2015, with intervention prices for Anatolian Hard Red Milling (AKS) Wheat at 862 TL/MT ($325/MT), 976 TL/MT ($368/MT) for durum wheat, and 645 TL/MT ($177/MT) for barley.
