Due to the fact that the ban on wheat imports to Turkey will be mandatory until October, and dry weather will reduce domestic production, a 61% reduction in wheat stocks in the country compared to the previous 2024/25 season is predicted, according to the online portal Feedlot citing a report by the Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture.
Experts also forecast that domestic grain production will decrease by 11%, to 18.75 million tons, and imports will shrink by 30%, to 6.5 million tons. It is explained that the unfavorable weather conditions are the reason for the decrease in wheat production volumes in Turkey.
FAS also notes that "the import ban negatively affects flour exporters and they are concerned that they will not be able to offer competitive prices and will lose their markets if the ban lasts beyond October."
"The forecast assumes that the import ban will be lifted in October, and then flour exporters will be able to obtain the necessary raw materials on the international market," the service's statement said.