Türkiye foresees no issues in wheat supply in new season

Türkiye foresees no issues in wheat supply in new season

Türkiye expects no challenges with the wheat provide within the new season, based on trade representatives on Sunday.

Speaking to Anadolu Agency (AA), Gülfem Eren, chairperson of the board of the Cereal Suppliers Association (HUBUDER), stated that wheat manufacturing worldwide is predicted to be good this season.

Pointing out that together with manufacturing, consumption has additionally elevated globally, Eren stated that final 12 months marked a interval with comparatively low costs and no provide points.

Emphasizing that just like the worldwide developments, the manufacturing in Türkiye was additionally fairly good final 12 months, Eren conveyed they anticipated good manufacturing once more.

“Despite some localized drought problems this year, the recent rains have brought positive developments for the harvest, and we expect good production again,” she famous.

“Türkiye is entering the season with good stock from last year. Therefore, we believe there will be no supply issues in the new season,” she added.

Furthermore, Eren stated that as a result of each the presence of shares and good manufacturing this 12 months, they don’t anticipate excessive intervention buy costs from the Turkish Grain Board (TMO) and that the federal government wouldn’t need to restock once more.

“Although global wheat prices have not fallen to pre-pandemic levels, they are currently at low levels. As suppliers, we aim to alleviate the state’s burden as much as possible and stock up this season,” she defined.

Haluk Tezcan, chairperson of the board of the Turkish Flour Industrialists Federation (TUSAF), stated that final 12 months was a productive season and that wheat shares are at excessive ranges.

Emphasizing the significance of shares, in phrases for trade representatives to look forward, Tezcan stated: “Albeit slightly, drought concerns are continuing, this year too. We think the product will be under stress due to this. We foresee that yields will be slightly lower than last year but we predict that we will not face the danger of drought.”

“I hope it will be a productive season for our country. The wheat Türkiye has is sufficient for this year’s flour production,” stated Tezcan.

However, he famous that international occasions additionally influence costs, including, “It is very important for our sector that there are no difficulties.”

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