Turkey extended its zero-tax rating on imported wheat, barley and corn until May 2021.
In a Presidential Decree published in the Official Gazette,
the Turkish government announced that the zero import tax decision, which was
put into effect in October, has been extended until the end of April 2021.
To combat food-price inflation, a Presidential Decree was issued in October that eliminates Turkey's import taxes on wheat, corn, and barley.
With Turkey being the world’s largest exporter of wheat flour, the country relies on wheat imports to support the processing of wheat products and exports, along with meeting domestic demand.
For the marketing year 2020/21, USDA forecasts Turkey’s wheat import at 8.1 MMT due to stable demand from wheat product producers and demand from the domestic market especially for milling wheat after a tough harvest.