Turkey: Grain and Feed Update
Following the completion of the wheat harvest, Post has revised the wheat production forecast down to 17.25 MMT in MY 2016/17. The first corn crop harvest is almost completed and the second crop corn harvest has begun in some regions. Post’s corn production forecast is 5.5 MMT. The paddy rice harvest has just begun; paddy rice production forecast is 746,000 MT. Barley production is forecasted at 4.75 MMT. Licensed Warehouse capacity is increasing due to the Government of Turkey’s (GOT) encouragement of investment in this sector.