Turkey: Giant support to wheat producers in planting and selling

Published Jun 8, 2022

Tridge summary

Wheat ceiling prices announced by President Recep Tayyip Erdoğan the previous day made us smile.

Original content

While President Erdoğan gave the good news that a premium of 6 thousand 50 liras and 1000 liras per ton will be paid for hard bread wheat, and 5 thousand 500 liras and 500 liras per ton for barley, the government had previously planned as 25.8 billion liras in order to "not leave any unplanted land". increased its agricultural support budget to 29 billion liras. On the other hand, General Directorate of Turkish Grain Board (TMO) will support the grain producers. In this context, the support to be provided by TMO, which announced that it will purchase grain in approximately 200 workplaces and licensed warehouses across the country, is as follows: > Producers registered in the Farmer Registration System will be able to sell wheat, barley, rye, oats and triticale to TMO without quota limit. > Manufacturers who deliver their products to licensed warehouses will be able to sell their products to TMO with an electronic product certificate (ELUS) through these warehouses. The product ...
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