• $
  • £

Turkish Grain Council Director: Global wheat prices showing signs of stabilization

Turkish Grain Council Director: Global wheat prices showing signs of stabilization
24.09.2024 15:30
Global wheat prices are beginning to stabilize, Ahmet Gurdal, the Director General of the Turkish Grain Council, announced at a recent conference held in Baku, titled "Sustainable Food Security in the Face of Climate Change.”

However, Gurdal cautioned that new challenges in the realm of food security may arise daily.

"The food sector, particularly grain production, has undergone a volatile phase due to the drought in 2020, followed by the spread of the coronavirus pandemic and the Russia-Ukraine war," Gurdal stated. "The price of wheat has more than doubled, from $200 per ton two years ago to over $400 per ton today. Nevertheless, prices have recently started to stabilize."

The director general noted that when difficulties related to wheat arose worldwide, most countries took necessary measures to ensure their security.

"We also made our preparations," he added. "After years of drought, agricultural productivity has been observed in the last two years. We are currently in a period of abundance, and we must take measures related to procurement during this time."





www.anews.az
Similar news
Similar news
Russia to continue developing ties with Armenia
World 15:00
Russia to continue developing ties with Armenia
Russian southern airports shut after Ukrainian drone attack
World 14:30
Russian southern airports shut after Ukrainian drone attack
Russia and Ukraine accuse each other of violating Moscow-declared ceasefire
World 11:01
Russia and Ukraine accuse each other of violating Moscow-declared ceasefire
Iran says it launched missile strike on U.S. forces in Strait of Hormuz
World 10:30
Iran says it launched missile strike on U.S. forces in Strait of Hormuz
Pashinyan declines to attend Victory Day parade in Moscow
World 17:30
Pashinyan declines to attend Victory Day parade in Moscow
U.S. says EU countries are becoming finance and logistics hubs for terrorists
World 14:00
U.S. says EU countries are becoming finance and logistics hubs for terrorists
Saudi Arabia refuses to back U.S. operation in Strait of Hormuz
World 13:00
Saudi Arabia refuses to back U.S. operation in Strait of Hormuz
Bank employee did not believe Pope Leo XIV
World 12:29
Bank employee did not believe Pope Leo XIV
Macron proposes Hormuz shipping security plan to Iran
World 11:30
Macron proposes Hormuz shipping security plan to Iran
Anews TV

Our official Youtube channel

Subscribe