Turkey plans to maintain certain restrictions on wheat imports even after lifting a four-month ban on October 15, 2024. The government will implement a quota system to regulate import volumes, which may still result in limited purchases, according to trade sources.
This decision aims to balance domestic agricultural interests with market demands, reflecting ongoing concerns about food security and price stability in the wheat sector. The measures highlight Turkey's cautious approach to managing its wheat supply amid fluctuating global market conditions.
Citations:
[1] https://www.agricensus.com/Article/Turkey-to-restart-wheat-imports-but-no-new-volumes-expected-37925.html
[2] https://www.world-grain.com/articles/20085-turkey-bans-wheat-imports
[3] https://www.world-grain.com/articles/20270-turkeys-wheat-stocks-to-fall-sharply
[4] https://www.bloomberg.com/news/articles/2024-10-04/turkey-to-keep-some-curbs-on-wheat-imports-even-when-ban-lifts
[5] https://millermagazine.com/blog/turkish-wheat-import-ban-pressed-prices-beforehand-harvesting-5791
[6] https://www.rferl.org/a/kazakhstan-suspends-wheat-exports-neighbors-pain/31803803.html
[7] https://www.graincentral.com/news/ukraines-grain-output-exports-shows-strength/
[8] https://www.thisdaylive.com/index.php/2024/10/08/edun-in-country-food-production-will-tame-inflation-strengthen-exchange-rate/