Turkey: The latest situation in pre-harvest wheat

The article provides an overview of the global and local grain markets, focusing on the upcoming harvest of wheat, barley, and other grain products. It highlights the US Department of Agriculture's report predicting a slight increase in global wheat production to 789.8 million tons, with significant increases in Argentina, India, and the European Union, but decreases in Australia and Ukraine. Global wheat consumption is expected to rise slightly to 789.5 million tons. The report also anticipates a slight decrease in global trade, with Russia being the largest exporter and the European Union the second largest. The article also mentions the extension of the grain corridor agreement, which has allowed Ukrainian farmers to market their products effectively, and the significant exit of agricultural and food products from Ukrainian ports.

Additionally, the article discusses the current market prices, which are 30-35% lower than the previous year, and the future of the grain corridor after May 18, emphasizing Turkey's role in this diplomatic success. The Grain Suppliers Association in Turkey is also mentioned as planning a meeting to discuss the situation before the harvest.