A record is expected in grain production

Published 2023년 12월 26일

Tridge summary

Chairman Haluk Tezcan of the Turkish Flour Industrialists Federation reported that global financial crises, climate change, natural disasters, and wars pose risks for the flour sector in the coming year, despite an increase in wheat production globally. He also mentioned that production has lagged behind consumption for the past 3 years and that the sector is struggling to increase exports. Additionally, he expects new markets to be created in flour exports in 2024.

In addition, National Grain Council Chairman Özkan Taşpınar stated that the grain yield in Turkey will break a historical record this year, with a total grain yield expected to be 41.7 million tons. He also emphasized the importance of investing in licensed warehousing and bringing idle agricultural lands into production to enhance the country's agriculture.

Both Tezcan and Taşpınar highlighted the increasing global importance of the agricultural sector in light of recent wars and the potential for food crises, emphasizing the need for self-sufficiency and sustainability in strategic products.

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

Original content

Haluk Tezcan, Chairman of the Board of Directors of Turkish Flour Industrialists Federation, said that the problems caused by financial crises, climate change, natural disasters and wars experienced on a global scale this year pose risks for the sector next year as well. Pointing out that wheat production has increased parallel to the population in the world, Tezcan reported that the annual global grain production exceeded 2 billion tons. Tezcan gave information that there has been an increase of approximately 100 thousand tons in 10-year periods and stated that production and consumption will increase as the population increases. "We expect the increasing trend to continue." On the other hand, Tezcan pointed out that the fact that production has lagged behind consumption for the last 3 years has caused concern and said, "Producing countries in the world are increasing their production. Cereal production has increased in our country this season. We expect the increasing trend to ...

Source: Bursahakimiyet