Hazelnut prices will rise in Turkey

Arslan Soydan, Board Member of the Union of Chambers of Agriculture of Turkey (TZOB), stated that hazelnut prices will increase in the future and that the Soil Products Office (TMO) acts as a regulator in hazelnut purchases, and said, "The high estimated yields predicted in the 2-month period have now disappeared, they did not happen. Therefore, hazelnut prices have started to increase and will continue to increase." With the end of the hazelnut harvest season, producers in the regions where hazelnut harvest is carried out in the Black Sea region have brought their hazelnuts to the market. In the first two months, many producers turned to hazelnut grocers and merchants to cover their daily wages and various costs. After TMO announced a base purchase price of 130 liras for Levant quality products, all eyes turned to the free market. While the price of 50 yield hazelnuts per kilogram in the free market is around 120 liras, TZOB Board Member Arslan Soydan called on producers by ...