Turkey: The harvest has started in sugar beet - Tzob President Bayraktar

Published 2022년 9월 21일

Tridge summary

The Union of Chambers of Agriculture of Turkey (TZOB) is calling for the free market to determine the prices for sugar beet and cotton, as harvest season begins. The chairman, Şemsi Bayraktar, pointed out that last season's market price was higher than the prices announced by agricultural sales cooperatives due to the supply-demand effect and increase in global cotton prices. He expects similar prices or higher this season. Bayraktar also highlighted the importance of cotton as a raw material for various industries and urged for increased support for Turkish producers. Concerning sugar beet, TZOB expects the prices to cover costs and ensure profit for the farmers, given the rising costs and the country's significant role in beet sugar production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Şemsi Bayraktar, Chairman of the Union of Chambers of Agriculture of Turkey (TZOB), said that they expect a price to be announced in the free market for sugar beet and cotton, the harvest of which has started. Bayraktar, President of TZOB, made evaluations about cotton and sugar beet, whose harvest has started. Bayraktar said, "Last season, the market price exceeded the cotton purchase prices announced by agricultural sales cooperatives such as TARIS, Çukobirlik and Antbirlik due to the supply-demand effect and the rise in prices in the world cotton market. We expect a price statement above the price that occurred in the free market last season," he said. "COTTON RAW MATERIALS OF MANY THINGS" Stating that cotton is among industrial plants, both fiber and oil plants, Bayraktar said that the basic raw materials of many industries are met from here and continued his explanation as follows: "Cotton constitutes the raw material of the textile industry with its fiber, the vegetable oil ...
Source: Sondakika

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