Market Report, "Turkey Agribusiness Report Q3 2012", Published
BMI View: On the back of new information from the Turkish Statistical Office, we have increased our forecasts for 2011/12 grains production. Wheat output, in particular, is likely to be higher than previously expected owing to favourable weather conditions. We expect little change in the country's output in 2012/13 as moderating global grains prices and low government support prices are likely to discourage farmers from increasing plantings. The livestock sector continues to be impacted by the import ban on genetically...
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