Turkey’s durum exports expected to fall

tonnes. It appears that the 2025-26 program will be closer to normal, at around 200,000 tonnes, according to the Saskatchewan Wheat Development Commission’s recent Wheat Market Outlook and Prices report. Annachiara Saguatti, analyst with Arete, an Italian agri-food intelligence company, said that aligns with their estimate of 200,000 to 300,000 tonnes. “The pullback looks real,” she said in an email. Why it Matters: Canada harvested a huge crop and needs all the help it can get. The two-year stretch of unusually large exports was driven by a combination of better domestic availability, tight global supplies and a favourable export policy environment. However, conditions have flip-flopped. The Turkish Grain Board (TMO) bought durum aggressively at high prices of about US$351 per tonne earlier this year to help offset rising input costs and inflation, said Saguatti. That led to strong domestic sales, leaving less product for export. With intense domestic inflation Turkey’s export ...