Turkey: Grain and Feed Update
Link to report:
Turkey’s MY 2020/21 corn production is estimated at 7.1 MMT, an increase of 1.1 MMT compared to last marketing year. Turkey’s wheat product exports continue to hold steady. Turkey struggles with food inflation because of corona virus measures and high international commodity prices. Turkey approved two genetically engineered (GE) soybean events and one GE corn event for feed. Agricultural subsidies for 2020 were announced in the Official Gazette. The total subsidies for 2021 will be 22 billion TL ($2.6 billion), which remained the same as the previous year.