June 7, 2024 - Wheat harvest in 2024 started 15 days earlier than the normal timing. It is expected to approach last year’s record production amount. Stating that for 10 years they have been the export leader in the world, Haluk Tezcan, Chairman of the Board of Directors of the Turkish Flour Industrialists Federation (TUSAF), said: “We aim to push our export amount to 4 million tonnes.”
Wheat harvest started early this year due to changing climatic conditions. The harvest, which normally starts in mid-May, started at the beginning of May this year. Last year, the wheat harvest started on 17 May.
Initial yield figures point to a good wheat yield this year, just like last year. The record production of 22 million tonnes in the 2023 season is expected to be approached this year. According to the Ministry of Agriculture’s first estimate of crop production, 21 million tonnes of production is expected.
Eyes turned to the Turkish Grain Board
With the start of the harvest, eyes turned to the Turkish Grain Board (TMO). Last year’s TMO grain price was announced by President Recep Tayyip Erdoğan on 6 June.
Turkish Grain Board (TMO) has various criteria in determining the wheat purchase price. The TMO takes into account criteria such as the amount of domestic production, production cost, prices in domestic and foreign markets, world production, last year’s purchase prices, the support premium to be given, the financial resources required for the state to buy products, the situation in other products that may be alternative, and the sustainability of production.
TMO focuses on managing abundance
The Turkish Grain Board (TMO) purchased nearly 11.3 million tonnes of wheat and barley in the 2023 season. It was also stated that all the products that the producer, who had a productive season, wanted to sell were purchased. TMO, which managed a risky stock in previous years due to the prominence of supply security in food with the pandemic crisis and then the Ukraine-Russia war, focuses on managing abundance in 2023 and then this season.
“We expect this year to be very productive
Commenting on 2024 expectations, Haluk Tezcan, Chairman of the Board of Directors of Turkish Flour Industrialists Federation (TUSAF), said: “In 2023, it was a year in which we managed to break records for our country. With the support of our state and relevant institutions, we, as flour industrialists, have been the world export leader for the last 10 years. We expect this year to be very productive as well. We estimate that we will approach the record production amount we reached last year. In the 2024 season, we aim for our export amount to push the 4 million tonne band.”
“The number and variety of our value-added products will increase”
Referring to the factors that are effective in their success in exports, Tezcan said, “The fact that the sector closely follows the developing technology has a great relationship with the fact that we are at the top of the world flour exports. Within the scope of the Green Covenant, in the coming seasons, we will accelerate our efforts to maintain quality, increase efficiency and reset the carbon footprint. With this transformation, the number and variety of our value-added products will also increase. In addition, encouraging and economically incentivising small producers with our new contracted production model will illuminate our path in creating a sustainable agricultural model that cares for the planet.
“All sectors should be consulted”
Pointing out that the information that the Ministry of Trade will limit the Inward Processing Regime (DIR) worries exporters, Tezcan said, ” Many importing sectors, most of which are manufacturers of finished products, may face competition problems with the restriction. In addition, it is also rumoured in business circles that the exemptions brought within the scope of DIR to measures such as antidumping, surveillance and quotas may be removed. Before implementing such regulations, all sectors should be consulted with all sectors.”
The Global MillerThis blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.
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