Miller Magazine Issue: 116 August 2019

Turkey’s goal to become the central base in agriculture Turkey is close to Russia, Ukraine and Kazakhstan, the world’s largest grain exporters. And in the south of Turkey, the Middle East and Gulf countries which are the largest grain and food importers are located. Turkey, with an improved agricultural market, is aiming to become the epicenter in agriculture using its geographical location advantages. The country took an important step towards this goal in July. Turkish Mer- cantile Exchange, which has been prepared for a long time, was put into operation by the end of July. Minister of Commerce Ruhsar Pekcan is expressing this significant development saying that “This is a very important day for agricultural trade”. So, why is Turkish Mercantile Exchange that important? Because with the implementation of this system, particularly the cereal produ- cers, farmers, and agricultural companies will be able to sell their pro- ducts in licensed warehouses through electronic bills. They will be able to use loans by showing these electronic bills to banks. Therefore, they will be able to store them at low prices and sell them at a better price in the future. Along the same line, traders will also be able to store their products in licensed warehouses without having to build a new warehouse. When they want to sell, they will be able to sell their products through specia- lized product exchanges. Mobile applications for these transactions will also become a part of the activity. The goal is to sell these products also on international exchanges. Another important step in the direction of Turkey’s goal of becoming the epicenter of agriculture is the dissemination of licensed warehouses. Well then, what is Turkey’s position in this regard? Licensed warehouse capacity has reached 4 million 77 thousand tons. The target is to sur- pass 14 million tons. editor Namık Kemal PARLAK company/miller-magazine millermagazine MillerMagazine Parantez Publishing and Congress Ltd. Gökevler Mah. 2312 Sok. No:16/37 Ginza Corner Plaza, Esenyurt / İstanbul - TURKEY T. +90 212 347 31 64 F. +90 212 212 02 04 www.millermagazine.com info@millermagazine.com On Behalf of Parantez Publishing and Congress Ltd., Owner Zübeyde Kavraz Responsible Manager Muhammed Akatay Editor-in-Chief Namık Kemal Parlak Editors Mustafa Yağmurlu Cemalettin Kanaş Sales and Marketing Özlem Buyruk Inji Aydash Burcu Çetin İlknur Durmaz Art Director and Visual Design Alparslan Murat Aysu Corporate Communication Executive Derya Gülsoy Yıldız Consultancy Board Derviş Toprak Ergin Ünver Mehmet Şerif Gültay Zafer Ergezen Referee and Scientific Advisory Board Prof.Dr. Mustafa Bayram Prof. Gustavo Sosa Prof.Dr. Hazım Özkaya Asst. Prof. M. Kürşat Demir Asst. Prof. Halef Dizlek Asst. Prof. Harun Dıraman Asst. Prof. Mustafa Erbaş Publication Type Periodic (Monthly) All copyrights belong to Parantez Publishing. © May not be used without permission. Responsibility of the ads belongs to the advertisers. ISSN 1309-6125 Copyright Page