Turkey used the corn import quota a month earlier

As of early December, Turkey has fully utilized its 1 million tons of corn import quota.
This quota with 5% import tax was valid from October 10 to December 31, 2024.
According to Salih Karagoz, agricultural advisor at ASAP and broker at Atria Brokers, demand in Turkey for imported corn remains weak as buyers are hesitant to pay higher prices.
“The import volumes exceeding the mentioned quota of 1 mln tons are subject to the duty of 130%,” the expert said.
As of December 2, the price of corn on the domestic market on the Konya Commodity Exchange was 239.4 USD/t.
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
Oilseed Season 2025/26: Déjà Vu or New Chapter?
Nigeria, Brazil sign $1 billion deal to boost agriculture, energy
Corn exports from Ukraine in MY 2025/26 will increase by 3 mln tons
Feed wheat supplies are disappearing from the Black Sea markets, demand prices hav...
China’s feed production rises, soybean meal consumption falls
Write to us
Our manager will contact you soon