Turkey: Meat and Milk Situation in Turkiye

In the past year, meat and milk prices have skyrocketed due to a variety of factors, among which are insufficient cattle inventories, high input costs, semi-effective government policies, and limitations on importing meat and live animals. In an attempt to halt price increases ahead of the upcoming Islamic holidays and the general election, the Ministry of Agriculture and Forestry (MinAF) has reluctantly decided to import some beef and cattle. However, these interventions are not expected to adequately address the shortfall in beef and milk production and will have a limited effect on prices.