Turkey: Grain and Feed Annual
Turkey’s wheat production for marketing year (MY) 2018/19 is forecast at 19.3 MMT, which is slightly lower compared to the previous year due to decreased planting area. Barley production forecast is up 7 percent for MY 2018/19 to 6.75 MMT, while corn planting area is expected to decrease about 5 percent to 530,000 hectares and production to 5.1 MMT. In an effort to tackle food price inflation, the Turkish Government reduced the import tariffs on several commodities in 2017. The GOT plans to grant 14.8 billion TL ($3.89 billion) in agricultural subsidies to agricultural producers in 2018 and many new licensed warehouse systems for grain storage are being established.