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Turkey's Oilseed Production Expected to Remain Same as Last Year

Turkey's Oilseed Production Expected to Remain Same as Last Year

02 April 2014
USDA Foreign Agricultural Service

TURKEY - Turkey’s total production of oilseeds covered by this report (soy, sunflower and cottonseed) in MY 2014 expected to remain the same as last year, about 2.2 MMT.

While cottonseed production is projected to increase about 22 per cent and soybean production will go up twelve per cent, sunflower seed production will decline about 15 per cent.

Higher returns in cotton during MY 2013 and an increase in the production bonus for the coming year will attract farmers to plant more cotton.

Lack of precipitation during winter that adversely affected soil moisture and lower returns in MY 2013 will lower sunflower seed planting.

The government’s continuing production premiums for oilseeds and support of quasi-governmental producer coops to persuade farmers to plant more oilseeds has had limited success.

Despite the projected ten-per cent increase in soybean production, the domestic crop remains only a fraction of domestic consumption, which will be about 1.5 MMT in MY 2014.

Over the years, the government of Turkey (GOT) has supported local production of oilseeds with higher production bonuses.

According to unofficial announcements MY 2014 production bonuses for sunflower seed will be up about 25 per cent, cottonseed will be up about 10 per cent but soybean will remain the same.

Further Reading

You can view the USDA GAIN: Turkey Oilseeds and Products Annual 2014 report by clicking here.

TheCropSite News Desk



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