Turkey introduces a new model for state support in crop production

Published 2024년 9월 2일

Tridge summary

The Turkish government has approved a new financial support model for agricultural producers, covering the period 2025-2027. The initiative, aimed at increasing predictability for producers, will extend support to a variety of crops including wheat, corn, barley, sunflower, rapeseed, soy, saffron, lentils, chickpeas, cotton, potatoes, and onions. Farmers will receive base support of $7.16 per hectare, with payments adjusted based on specific crops and other factors such as production technology and water availability. The new model also includes production planning and development assistance.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of August, the Turkish government announced the approval of a new model of financial support for agricultural producers for the period 2025-2027. The corresponding decree of the country's president was published in the official gazette of Turkey on August 29, Oleoscope portal reports, citing Arab News. the most widely read English-language publication in the Middle East. Financial support will be available to farmers specializing in the cultivation of wheat, grain corn, barley, fodder crops, sunflower, rapeseed, soy, saffron, lentils, chickpeas, cotton, potatoes, onions. As explained by the Turkish Ministry of Agriculture, the aim of the approved three-year model, which is being implemented for the first time, is to "increase predictability for the producers themselves". According to the new model, farmers will not only receive basic financial support, but ...

Source: Sinor