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Michigan Ag News Headlines |
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Turkey Trade Mission Reveals Future Opportunities
Michigan Ag Connection - 12/02/2019
Trade dynamics with Turkey can be challenging and influenced by numerous variables. The U.S Dry Bean Council (USDBC) said it optimistic about reports from a trade delegation that returned from Turkey last week confirming that contacts remain strong as
does interest in purchasing U.S. dry beans.
Turkey's own domestic dry bean production has been declining over the past decade while consumption remains strong. A stronger Lira means that Turkish buyers are now in a good position to purchase high quality U.S. dry beans this year and beyond. This is
traditionally a market for white beans and garbanzos.
In addition to interest from private buyers, the Turkish Grain Board (TMO) has also reached out to USDBC through USDA's Foreign Agricultural Service (FAS) and has asked to meet in Ankara next month to discuss future purchases of U.S. dry beans,
particularly white beans/Great Northern beans. USDBC will meet with TMO Principals in December to provide some guidance regarding how they could proceed in buying U.S. dry beans directly. This may include a trip to the United States to meet with
suppliers.
"This is not just an immediate opportunity but something to be cultivated for future year purchases. We will be providing more details as they become available," USDBC advised.
USDBC trade team members included Grant Hinze, Kelley Bean Co., Scottsbluff, Neb., Candy Willett, Steele and Company, Sterling, Mich.; and Johanna Stobbs, USDBC/Europe
The USDBC represents global trade interests of the U.S. dry bean industry, promoting international market development and providing information to consumers, health professionals, buyers, suppliers and the media around the world about the good taste,
nutritional value and versatility of beans. USDB funding is provided by USDA's Foreign Agricultural Services.
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