Turkey: Turkey Imposes Temporary Ban on Certain Agricultural Exports

In the last couple weeks, Turkey has imposed temporary export bans on select agricultural products to stabilize local market conditions and keep prices from running higher. The Ministry of Trade recently halted shipments of grains, oilseeds, cooking oil, and a few other agricultural commodities – sourced from third countries – that are currently being held in bonded warehouses at Turkish seaports. Meantime, in a separate move, the Ministry of Agriculture & Forest (MinAF) stopped direct exports of cooking oil, bulk olive oil shipments, margarine, red lentils, and dry beans from Turkey. MinAF may block exports of other agricultural exports at any time.