Turkey: Turkish Livestock Support and Subsidies Update 2016

  |   Attaché Report (GAIN)

MinFAL plans to grant 11.6 billion TL ($3.87billion) in agricultural subsidies to producers in 2016. The share of the total payment directed towards livestock will be 3.2 billion TL ($1.07 billion), with 1 billion TL ($333 million) for calf subsidies. Note that these estimates assume an exchange rate of US$1=3 TL, although the actual rate is quite variable. The important updates on 2016 subsidies are to merge fuel subsidy and fertilizer subsidy into one payment and to abolish soil analysis subsidy which was previously granted to producers benefiting from the fertilizer subsidy. The subsidies for calves increased while the subsidies for dams were removed. The subsidies for dams were previously the main support for producers. According to livestock sector, the calf subsidy was increased in order to boost the cattle population and to close meat deficiency in Turkey.

Turkey: Turkish Livestock Support and Subsidies Update 2016

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