Türkiye expects no challenges with the wheat provide within the new season, in keeping with business representatives on Sunday.
Speaking to Anadolu Agency (AA), Gülfem Eren, chairperson of the board of the Cereal Suppliers Association (HUBUDER), mentioned that wheat manufacturing worldwide is anticipated to be good this season.
Pointing out that together with manufacturing, consumption has additionally elevated globally, Eren mentioned that final yr marked a interval with comparatively low costs and no provide points.
Emphasizing that much like the worldwide tendencies, the manufacturing in Türkiye was additionally fairly good final yr, 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 mentioned that as a consequence of each the presence of shares and good manufacturing this yr, 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), mentioned that final yr was a productive season and that wheat shares are at excessive ranges.
Emphasizing the significance of shares, in phrases for business representatives to look forward, Tezcan mentioned: “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,” mentioned Tezcan.
However, he famous that international occasions additionally impression costs, including, “It is very important for our sector that there are no difficulties.”
Source: www.dailysabah.com