TÜRKIYE – Türkiye is poised to navigate the upcoming wheat season without supply challenges, according to industry representatives who shared their optimistic outlook with Anadolu Agency (AA) on May 19.
Gülfem Eren, chairperson of the Cereal Suppliers Association (HUBUDER), highlighted a positive global outlook for wheat production this season.
“Wheat production worldwide is expected to be good this season,” Eren stated, emphasizing that global consumption has also risen. She recalled that last year witnessed relatively low prices and stable supply, a trend anticipated to continue.
Eren noted that Türkiye mirrored these global trends with robust production last year and is set for another promising harvest.
“Despite some localized drought problems this year, the recent rains have brought positive developments for the harvest, and we expect good production again,” she said.
She assured that the country is entering the new season with substantial stock from the previous year, eliminating concerns over supply issues.
Regarding market dynamics, Eren mentioned that due to the adequate stock and favourable production outlook, high intervention purchase prices from the Turkish Grain Board (TMO) are not expected.
“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 explained.
Haluk Tezcan, chairperson of the Turkish Flour Industrialists Federation (TUSAF), echoed Eren’s optimism, recounting a productive previous season and high current wheat stocks.
He acknowledged ongoing drought concerns but remained hopeful. “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,” Tezcan said.
Tezcan underscored the sufficiency of Türkiye’s wheat for flour production this year and stressed the importance of maintaining high stock levels to ensure stability in the sector.
“I hope it will be a productive season for our country. The wheat Türkiye has is sufficient for this year’s flour production,” he affirmed.
He also noted the impact of global events on prices, underscoring the sector’s need for uninterrupted supply chains.
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