Turkey’s grain sector continues to grapple with different challenges, the most recent of which are earthquake and drought. From Post’s analysis, the drought’s impact on MY 2023/24 grain production will be more significant than the effects from the earthquake. Notwithstanding these difficulties, corn production is expected to hit a record of 7.7 million metric tons (MMT). Total grain imports in MY 2023/24 are forecast slightly down year-to-year, with wheat accounting for the bulk of imported grain. Nearly 70 percent of the wheat Turkey imports is processed and re-exported as flour and pasta. Meantime, in order to suppress high prices, the government extended its zero tariffs on imported grains through part of the year.
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