Tridge summary
The Chairman of the Turkish Dairy, Meat, Food Industrialists' and Producers' Association (SETBIR), Isa Coşkun, provided an assessment on milk pricing and market regulation. He stressed the importance of maintaining the 'milk-feed parity' above 1.3 to prevent producers and farmers from incurring losses. Despite price increases in recent periods, Coşkun highlighted the need for higher prices due to rising feed costs and the necessity for companies to remain competitive and profitable. He also underscored the role of institutions like the Meat and Milk Institution (ESK) and the Turkish Grain Board (TMO) in regulating the market and preventing the setting of prices too disconnected from the market. Additionally, he pointed out the productivity challenges faced by the Turkish agricultural sector and the need to improve efficiency to compete internationally.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Isa Coşkun, Chairman of the Turkish Dairy, Meat, Food Industrialists' and Producers' Association (SETBIR), made an assessment to the AA correspondent on the activities carried out for milk prices and the regulation of the market. Stating that the National Dairy Council (USK) is authorized to determine the raw milk reference price, Coşkun said that it is important to consider the "milk-feed parity" as well as economic developments in determining the price. Coşkun drew attention to the fact that milk-feed parity should be above 1.3 so that producers and farmers do not lose: "Although the reference price of raw milk was increased from 4 liras to 70 kurus and 5 liras to 70 kurus and the state premium was increased from 20 kurus to 1 lira in the last period, it was not enough. Due to the cost increases in feed, this figure was increased to 7 liras and 50 kurus. The state premium was also 20 kurus again. Therefore, an increase of 30 percent was achieved in a short time. For us, this ...
Source: Haber7
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