Despite the ongoing Russia-Ukraine conflict, global grain production is forecasted to rise by 8 million tons in 2024, according to Eren Gunhan Ulusoy, the head of the International Association of Operative Millers Eurasia. Ulusoy, who also owns two Turkish flour companies, noted that the war had caused significant fluctuations in global food prices due to disruptions in production and logistics, especially for wheat.

The Black Sea Grain Initiative played a crucial role in mitigating these issues by enabling the resumption of grain exports. However, Russia’s grain production for the upcoming season is expected to decrease by around 8 million tons to approximately 83 million tons, largely due to unfavorable weather conditions.

Regarding Türkiye’s wheat production, Eren Gunhan Ulusoy highlighted that the country has maintained a record level of output over the past seven years, reaching 22 million tons in 2023. However, due to dry and hot weather conditions in April, particularly in the Central Anatolia region, this year’s production is expected to decline slightly to 21 million tons. Despite this decrease, the output will still surpass the average of many previous years.

Ulusoy also noted that Türkiye has been the world’s leading flour exporter for the past nine years, setting a new record in 2023 with 3.7 million tons of flour exported, generating $1.5 billion in revenue. For 2024, industry stakeholders anticipate that flour exports will surpass 4 million tons.

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