Turkey has set a quota for the import of 3 million tons of corn.
Turkish President Recep Tayyip Erdoğan signed a decree establishing a tariff-rate quota for the import of 3 million tons of corn from April 20 to July 31, 2026.
Corn imported within the quota will be subject to a 5% duty. The duty on corn imported outside the quota is 130%.
The quota will be distributed based on the registration of customs declarations. The maximum import volume that can be included in the quota per declaration is 8,000 tons.
Turkey will begin harvesting its domestic corn crop in August. According to the U.S. Department of Agriculture, Turkey harvested 7.9 million tons of corn this season (6.8 million tons last season).
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Ukraine determines the origin of grain stolen by Russia with nearly 100% accuracy
EU allocates a package of aid to farmers for the purchase of fertilizers
Vegetable oil prices rise following crude oil prices
US pressures Ukraine to ease restrictions on imports of Belarusian potash fertilizers
China May Become the Main Driver of the Ukrainian Barley Market
Write to us
Our manager will contact you soon