According to the statement made to the Anadolu Agency by the General Manager of the Turkish Grain Board, Ahmet Güldal, TMO will also start purchasing products in regions where wheat harvest is started after the Ramadan Feast.
Evaluating the prices announced by President Erdoğan and the period of disclosure, Güldal said, 'Thanks to the determination of pre-harvest prices, we give producers the opportunity to follow sales and market policies.'
He added that they determined the announced prices by taking into account domestic and foreign market prices, inflation rates, farmer expectations and general market conditions.
Expressing that there is a decrease in wheat cultivation areas due to the transition to other products and, therefore, a decrease in production, Güldal noted that wheat production should increase to 22 million tonnes. He said that a policy was developed in favour of wheat for this purpose, that the ministry provided good purchase prices together with the premium support, and this procurement policy will continue in the coming years.
Stating that they received positive feedback from producers and farming organisations after the announced prices, Güldal stated that he expects increases in production and, as a result, also in terms of yield.
He announced that wheat prices are currently US $247 per tonne (1.650 TL), three percent quality Premium. The Ministry of Agriculture and Forestry provided cereal support and licensed warehouse support, so the price would reach $300 (2,000 TL).
Reminding that they will make purchases with an appointment system at 260 points for 125 licensed warehouses, Güldal said that the payments will be made within 10 days at the latest, and they always try to support farmers as the ministry and Turkish Grain Board.
