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Turkey is a growing market with a young population of increasing affluence.
The Turkish economy is expected to finish 2014 with a growth rate of 3.5-4.0 percent.
During the past decade, Turkey has emerged as a major exporter of agricultural products, both to the Middle East and other markets.
The production of all citrus fruit increased in marketing year (MY) 2013. Exports increased in MY 2013 because of the high production and favorable prices.
Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).
Lifestyle changes due to urbanization and the increase in income levels have affected the consumption patterns of Turkish consumers towards processed and ready-to-eat products.
Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).
Fueled by increasing disposable income levels and a strong consumer demand, the Turkish retail sector grew 3.7% in 2013 and reached US$ 311 billion.
The Turkish Grain Board (TMO) invited local and international traders to participate in a tender, which was held on October 18, 2014. TMO intends to import 40,000 MT of paddy rice.
A tender for 800 head of breeding bulls (500 head of Simmental, 100 head of Charolais, 100 head of Limousin, 50 head of Brown Swiss, 50 head of Montbeliard breed) will be held on December 15, 2014.
Post learned, November 22 that Turkish officials now require an official attestation that imports utilizing enzymes or microorganisms are free from genetically engineered enzymes or microorganisms.
The marketing year MY 2014 Turkish cotton crop is now projected at 430,000 hectares and 700,000 metric tons (MT) (3.2 million bales).