Turkey: Oilseeds and Products Annual

Turkey’s MY 2016/17 oilseed production is estimated to be about 2.45 MMT. Total production is projected to go up about eleven percent to reach 2.71 MMT in MY 2017/18. Good returns on cotton and sunflower seed production, as well as a significant increase in production support payments are affecting planting decision of farmers, but despite the efforts of the Turkish government to increase production, Turkey continues to be import dependent for oilseeds and products. Accordingly, in MY 2015/16 Turkey imported 324,000 MT of sunflowerseed for crushing, 801,000 MT of sunflowerseed meal and 686,000 MT of sunflowerseed oil to meet domestic and export demands. Turkey also continues to import large quantities of soybeans and soy meal, with combined imports reaching a record of 2.87 MMT in MY2015/16, and expected to increase in MY 2016/17 to 3.05 MMT.  

Turkey: Oilseeds and Products Annual