Turkiye announces agricultural support payments for 2025-2027
Turkiye has announced agricultural production support payments for 2025-2027, covering barley, safflower, sunflower for oil, wheat, canola, lentil, grain corn, chickpea, cottonseed, potato, onion, soybean, and forage crops. The new three-year model aims to boost predictability for farmers by providing basic support and additional funds based on compliance with production plans.
ISTANBUL: Turkiye announced agricultural production support payments for 2025-2027, according to a presidential decision published in the country’s official gazette on Thursday.
Barley, safflower, sunflower for oil, wheat, canola, lentil, grain corn, chickpea, cottonseed, potato, onion, soybean and forage crops were included for long-term production planning, the decision said.
The agriculture ministry said in a statement the aim of the three-year model — to be implemented for the first time — is to increase predictability for producers.
Under the new model, farmers will be provided basic support, and support in production planning and development. Farmers will also receive increasing amounts of support according to their compliance with plans and regulations, the decision said.
The basic support rate is 244 lira ($7.16) per decare of land planted, with payments determined by applying coefficients assigned to certain crops, production techniques, water sources and other factors. A decare is a tenth of a hectare and equivalent to about a quarter of an acre.
No figure was given on the total budget or funding for the support mechanism.
Turkish farmers have long complained of sharp hikes in the prices of fertilizers and fuel due to the sharp depreciation in the lira over the past few years, and some have staged protests due to the high costs and low product prices.
To read more about the news about the Wheat News continue reading Agriinsite.com
Source Link : https://www.arabnews.com/node/2569283/business-economy
