The Turkish General Directory of Meat and Milk Board to Import 1K MT of Boneless Beef From Bosnia and Herzegovina

Earlier this year, Turkish producers suffered losses because of the low carcass prices, which occurred despite rising animal feed costs, and this resulted in the emptying of the fattening farms. However, as of W51, carcass slaughter prices increased rapidly, from an average of USD 5.5/kg to USD 6.5/kg. The General Directory of Meat and Milk Board was unable to find any slaughtered animals due to the low availability of animals and the rise in carcass slaughter prices.

Therefore, within the framework of the Free Trade Agreement, the board has begun the process of importing 1K MT of boneless beef from Bosnia and Herzegovina for USD 7.65/kg. From the start of 2022-present, the General Directory of Meat and Milk Board imported only 400MT of boneless meat from Bosnia and Herzegovina for USD 7.44/kg. Additionally, in 2021, boneless meat was imported from Bosnia and Herzegovina for USD 5.42/kg. The current import price indicates a 41% increase over last year’s import price.