Turkey: Turkey Opened Meat Imports Before Sacrifice Holiday
The Ministry of Food, Agriculture and Livestock (MinFAL) granted the Meat and Milk Board (ESK) permission to import beef from the EU due to dramatically rising prices since January 2015. The tenders have been carrying for 14,030 MT in total in 2015 but will not be large enough to impact prices. As increasing demand continues to outpace production growth, and speculation by industry participants fuels price increases, consumers are not likely to see price relief through 2016, which could spur additional government programs for cattle and/or beef.
