In June, it was banned Türkiye import Wheat Until October 15 to protect farmers from low prices and encourage domestic purchases of grains from the state-run Turkish Grain Board, providing a favorable market for farmers.
Flour mills submitted a request to be allowed to import at least 15 percent of the quotas allocated to the Council.
Haluk Tezcan, head of the Turkish Flour Manufacturers Union, said, “Wheat imports have been allowed for mills and product exporters, and 85 percent of the purchases will be made through the Grain Board’s stocks. After the purchase is completed, the remaining 15 percent will be derived through private sector imports.”
He told Reuters that the new rules are now in effect and these restrictions are expected to continue until the end of the year.
It was not issued Ankara An official statement about the end of the import ban or about the rules applied after that.
European grain traders have said in the past few weeks that the ban has all but halted Turkey’s import of cheap wheat from Black Sea producers, particularly Russian wheat, preventing flour consumers from taking advantage of lower prices.
Commodity traders said that large quantities of… Russian wheat Shipped to Türkiye For the past few months, they have been stored in bonded warehouses, so that they are not counted as imports until they are sold in the domestic market.
This means that large quantities of Russian wheat are available on the Turkish market for quick delivery if the import ban is eased.
