Upon sudden increases in feed prices, Turkish Grain Board took action. The institution announced that, in order to reduce the production costs for breeders, they decided on deferred payment barley sale.

Seeking to regulate the rapidly increasing prices in the feed industry, the Turkish Grain Board (TMO) announced that it will initiate deferred payment barley sale to breeders.

In the statement made on the official website of the institution, it was expressed that the institution will start interest-free barley sales with three months maturity.

In the relevant statement, Minister of Agriculture and Forestry Bekir Pakdemirli said that 100 thousand tons of barley will be sold for 1,425 lira/ton.

Pakdemirli said, “I recently announced that a study has been done on this matter. We are initiating deferred payment barley sales to breeders through TMO.

In this context, we are starting interest-free barley sales with three months maturity by our Turkish Grain Board in order to maintain stability in the feed markets and to reduce the production costs of our breeders.

In November, 100 thousand tons of barley will be sold at a price of 1,425 TL/ton. The amount of barley to be sold will be calculated in accordance with the daily consumption of animals. That is, 5 kg per cattle and 1 kg per sheep per day on a monthly basis.

"Pakdemirli stated that they have realized barley shipment to most of the consumption centers with the stock planning carried out by TMO and said that there is barley stock in all TMO workplaces particularly in the Eastern and Southeastern Anatolia regions.