Turkey: Grain and Feed Update
Link to report:
Turkey’s production of wheat, corn, barley and rice in MY 2022/23 are all forecast higher compared to the previous year. However, even with these projected increases in production along with the government interventions aimed at curbing inflation, Turkey continues to face record food prices. Among these interventions, the government has extended the zero duties on certain imported grains and pulses, while continuing to purchase and sell domestic and imported wheat, barley, and rice at discounted prices. Meantime, there are concerns that dry weather conditions over the past few months might persist and negatively impact wheat and barley yields next year.