Turkish flour exports set to break record

Turkey is expected to ship a record 5.4 million tonnes of flour (wheat equivalent) in the 2023-24 marketing year, according to the latest quarterly update from the International Grains Council (IGC). Perennially the world's largest flour exporter, Turkey is expected to increase imports by 600,000 tonnes compared to 2022-23. “With demand likely to be slower from Iraq, a major buyer of Turkish flour, deliveries are expected to be partially shifted to other destinations in Near East Asia and sub-Saharan Africa,” the IGC said. “Turkey's increased exports should offset projected lower shipments from other major suppliers, notably Kazakhstan and India.” Kazakhstan is forecast to ship 2.6mt next year, down from 2.9mt, and total deliveries from India are expected to drop by 100,000t to 200,000, the IGC said. The IGC, in its latest quarterly update, lowered its forecast for total global wheat flour trade in 2023-24 to 14.1 million tonnes, which would match the previous year's total. If ...