ANNOUNCEMENT 16 Dec 2015
On 16 December 2015, the Turkish Grain Board (TGB) announced the 2015 paddy purchase prices.
NUMBER OF INTERVENTIONS
Website of the Turkish Grain Board. TMO Web Sitesi. Available at: http://www.tmo.gov.tr/Main.aspx?ID=1565
On 16 December 2015, the Turkish Grain Board (TGB) announced the 2015 paddy purchase prices. According to the announcement, the TGB will purchase paddies at a base price of TRY 1,580 (USD 532) per tonne. Depending on the type and quality, purchase prices can be higher or lower. The TGB’s paddy purchases will start on 17 December 2015.
The TGB guarantees the purchase of all paddies in the amount registered in the Farmer’s Registry System.
According to TGB, paddy production, which was 830 thousand tons in 2014, is estimated to reach 920 thousand tons with an increase of 10.8% in 2015.
On 7 October 2016, the TGB announced the 2016 paddy purchase prices (see related state act).
Previously in 2014 and in 2013, the TGB didn't announce any purchase price for paddies. The last purchase price policy was effective in 2012 (see related state act).