HomeBussinessTurkey announces agricultural support payments for 2025-2027

Turkey announces agricultural support payments for 2025-2027

Date:

Related stories

Travel writers explore Türkiye’s Sanliurfa, its ancient history | News

A group of travel writers visited Sanliurfa with the...

NFL Thanksgiving 2024 schedule: Where to watch this year’s football game

Thanksgiving and NFL football has been a beloved tradition...

Turkish strike drone completes first carrier landing, takeoff

ISTANBUL — The Baykar TB-3 combat drone landed and...

Baltimore’s Classic Five Golf Courses To Host Annual ‘Turkey Shoot’ Golf Outings – PressBox

Baltimore Municipal Golf Corporation (BMGC), also known as Baltimore’s...
spot_imgspot_img

Image credit: Yevgen Romanenko/ Getty Images

Turkey announced agricultural production support payments for 2025-2027, according to a presidential decision published in the country’s official gazette on Thursday.

The decision includes barley, safflower, sunflower for oil, wheat, canola, lentil, grain corn, chickpea, cottonseed, potato, onion, soybean, and forage crops for long-term production planning.

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 receive basic support and support in production planning and development. The decision also said that farmers will receive increasing amounts of support according to their compliance with plans and regulations.

The basic support rate is TRL244 ($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 fertilisers 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.

Read: Turkey announces $30bn incentives package for high tech areas

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img