Turkey: Grain and Feed Update
Wheat production is forecast at 19.5 million metric tons (MMT) in marketing year (MY) 2017/18 because of high yields, especially in the Southeast and Thrace regions. Barley production is forecast at 6.5 MMT and corn at 5.5 MMT. However, there are quality problems everywhere. The Government of Turkey (GOT) eliminated tariffs on some grains. The Ministry of Food, Agriculture, and Livestock (MinFAL) announced 2017 wheat procurement prices on July 12, 2017, with intervention prices for Anatolian Hard Red Milling (AKS) wheat at 940TL/MT ($261/MT), and 1000 TL/MT ($278/MT) for durum wheat.