On-the-Ground Updates

Turkish Wheat Prices Dropped Below USD 300/MT in W14

Wheat
Turkiye
Market & Price Trends
Gokce Yayimli
Published Apr 6, 2023
The prices of wheat, the most imported agricultural product of Turkey, continue to decline in the international market. Wheat prices which were USD 335/MT CIF before the Russia-Ukraine war, increased to USD 530/mt CIF after sometime. However, in W14, the price of wheat dropped below USD 300/MT. The lowest bid given in the Turkish Grain Board (TMO) tender on March 28 was USD 281.90/MT CIF.

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