Turkey halts wheat imports from June 21 to Oct 15 to protect domestic farmers and secure raw materials.

Turkey to halt wheat imports from June 21 to Oct 15, aiming to protect domestic farmers from price fluctuations & secure raw materials. This move, announced by the country's agriculture ministry, also seeks to create a favorable market for wheat producers & prevent them from being affected by price decreases during the harvest period. US & European wheat futures have dropped sharply following the announcement.

June 07, 2024
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