Turkey: Grain and Feed Update

The wheat and barley harvest is continuing in Turkey, approximately two weeks behind the normal harvest schedule this year. Wheat production is forecast at 17.25 Million Metric Tons (MMT), and barley production is forecast at 7.4 MMT in Marketing Year (MY) 2022/23. The first corn crop planting finished with total corn production forecast at 6.2 MMT. Turkey announced a record procurement price for wheat and barley this year. Amid increasing agricultural input costs and turmoil in the Russian and Ukrainian grain markets, the main exporters of grain to Turkey, food inflation continues to be a major societal concern.