Turkey: Wheat import proposal for bread

Published 2024년 10월 9일

Tridge summary

The President of the Turkish Bakers Federation, Halil İbrahim Balcı, has raised concerns over the significant price increases in flour and yeast, which are set to impact bread prices. He attributed the rise in flour prices, which have surged by 30% in the past month, to the low quality of this year's wheat harvest, which has driven up prices in the market. Balcı is calling for a permitted import of wheat to reduce these rising prices and prevent the situation from deteriorating further. He also urged all stakeholders to understand the challenges faced by bread producers and bakers and to take necessary measures to prevent further price hikes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Halil İbrahim Balcı, President of the Turkish Bakers Federation, said, "A certain amount of wheat import should be allowed." Halil İbrahim Balcı, Vice President of the Confederation of Turkish Tradesmen and Craftsmen (TESK) and President of the Turkish Bakers Federation, made statements at the General Presidency of the Turkish Bakers Federation regarding the recent price increases in flour and yeast and the reflection of increasing costs on bread prices. Balcı stated that flour prices have increased by 30 percent in the last month and that flour prices have risen from the 630 lira range to approximately 800 lira, and that bread producers and bakers are in a difficult situation. Balcı said, "These increases make it inevitable for bread prices to increase. We have done the necessary work with our relevant institutions regarding this. We have done work with our Ministry of Trade. We have done work with our Ministry of Finance." "Wheat harvest is high but its quality is low" Balcı ...
Source: Sondakika

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