Tridge summary
The First Plan of Crop Production for 2021 by TURKSTAT predicts a decrease in the production of cereals, vegetables, and fruits, beverages, and spice crops compared to the previous year. Specifically, cereal production is expected to decrease by 5.5% to 35.1 million tons, with wheat, corn, and barley production seeing a decrease. However, there will be an increase in oat production. Vegetable production is expected to decrease by 0.3% to 31.1 million tons, with tubers and root vegetables and vegetables grown for their fruits decreasing, while other vegetables will increase. Fruit production is expected to increase by 7.1% to 25.3 million tons, with decreases in apples, grapes, and pistachios, but increases in tangerines, oranges, lemons, nuts, and bananas. Former General Manager of the Turkish Grain Board, İsmail Kemaloğlu, suggests that TURKSTAT's production decrease estimates are optimistic and that there will be a serious revision in the second prediction.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
İRFAN DONAT According to the First Plan of Crop Production for 2021 announced by TURKSTAT, cereals and other vegetable products and vegetables will decrease compared to the previous year. Production volumes were estimated to decrease by 4.7 percent in cereals and other herbal products, 0.3 percent in vegetables, and 7.1 percent in fruits, beverages and spice crops compared to the previous year in the first forecast of 2021. Accordingly, production amounts are estimated to be 67.9 million tons in cereals and other herbal products, 31.1 million tons in vegetables, 25.3 million tons in fruits, beverages and spice plants in 2021. WHEAT PRODUCTION WILL REDUCE 7.3% ACCORDING TO TURKSTAT It is estimated that the production amounts of cereal products will decrease by 5.5 percent in 2021 compared to the previous year and will be approximately 35.1 million tons. Wheat production decreased by 7.3 percent to 19 million tons compared to the previous year, corn production decreased by 1.5 ...
Source: TRBloomberg
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