Friday, 27 January 2017

Turkey wheat production down 11%

Very dry weather in Turkey has caused concerns after wheat planting was finished, however rain and snow in the first week of December has alleviated dryness and helped crop development.

Total wheat production is forecast at 17.3mmt in MY 2016/17, down about 11% compared to last year due to drought in Central Anatolia.

The Turkish Grain Board procured nearly 4.5mmt of grain in MY 2016/17 while concerns on devaluation of the Lira will likely impact import decisions.