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9.1.4 Agriculture sector news
On June 5, TMO released its grain buying prices for 2022. The TMO said that it would buy red milling wheat at TRY7,050/tonne ($430/tonne as of June 5) and barley at TRY6,000.
On June 30, TMO revised its prices. It said that it hiked the red milling buying price to TRY7,450 ($446 as of June 30, $430 as of July 15) and the barley price to TRY6,200.
On May 24, 2021, TMO released its grain buying prices for 2021. Accordingly, the TMO was to buy red milling wheat at Turkish lira (TRY) 2,250/tonne ($269/tonne as of May 24, $169/tonne at end-2021), up 36% y/y, and barley at TRY1,750/tonne, up 37% y/y.
On May 26, 2021, TMO released its grain selling prices for 2021. It was to sell milling wheat at TRY2,450/tonne and barley at TRY1,950/tonne.
In June, Erdogan allowed TMO to buy directly rather than via a public tender.
44 TURKEY Country Report August 2022 www.intellinews.com