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Turkey Imposes Ban on Certain Agricultural Exports

Posted by Dalia Shurafa on

Turkey Imposes Ban on Certain Agricultural Exports

  What is means for you as a customer is major shortages in both Turkish goods (16 products) and all other goods transiting through Turkish ports. We have already run out of millet, flax and red split lentils for example.   In the last couple weeks, Turkey has imposed temporary export bans on select agricultural products to stabilize local market conditions and keep prices from running higher. The Ministry of Trade recently halted shipments of grains, oilseeds, cooking oil, and a few other agricultural commodities – sourced from third countries – that are currently being held in bonded warehouses at...

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What the War Means for Grain Prices & Supply

Posted by Dalia Shurafa on

What the War Means for Grain Prices & Supply

  We've been asked to take a stand on the war in Ukraine. We thought we would bring our own twist to the discussion in how it relates to our field. Here is a quick resume on grain exports:   Ukraine: 1st sunflower seed and oil exporter with 30% of world's supply. 3rd wheat exporter with 12% of world's supply. 4th corn exporter with 17% of world's supply.   Russia: 1st wheat exporter with 17% of world's supply. 2nd sunflower seed and oil exporter with 27% of world's supply. Minor corn exporter with 1% of world's supply.   So with...

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