The Wholesale Price of Maize in Turkiey Soared Due to Inflation and the Russia-Ukraine Conflict

Maize (Corn)

Turkiye

Russia

Ukraine

Bojan Mijatovic

Published Jul 7, 2022

The wholesale price of yellow corn in Turkiey has increased by 616.39% YoY, up to TRY 2.77/kg in W5 of June-22, compared to the same period last year when the price was TRY 0.39/kg. High inflation and Turkiey's dependency on Russia and Ukraine as main sources of corn caused price increases.

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