On 2 September 2021, the Turkish Meat and Milk Institution (TMMI) announced the purchase price for the meat of certain bovine animals (bulls, cows, and heifers). More specifically, the TMMI set the purchase price for the first quality carcass meat between TRY 42 per kg (USD 5.05 per kg) and TRY 40 per kg (USD 4.81 per kg). TMMI set the purchase price for the second quality meat at USD 39 per kg (USD 4.69 per kg). Previously, the purchase price for the first and second quality meats of bovine animals was ranging between TRY 36 per kg (USD 4.33 per kg) and TRY 33.5 per kg (USD 4.03 per kg) (see related state act).

The TMMI was founded to contribute to the development of agriculture and livestock breeding in Turkey. The TMMI implements purchase price policies on cattle, sheep & goat and poultry to provide a guaranteed market for domestic producers.

Update

In December 2021, the Turkish Meat and Milk Institution (TMMI) increased the purchase price for the meat of bovine animals (see related state act).