Turkey cuts corn import duty to 5% to stabilize supply amid surging prices

Turkey’s corn importers will pay a lower duty of 5% on the next 1 million t of the feed grain that enters the country, the government stated Oct. 10 in its Official Gazette, relaxing the standard 130% rate until the end of the year. The quotas will be allocated between feed mills and starch/glucose producers. Previously, the Government have temporarily…Turkey’s corn importers will pay a lower duty of 5% on the next 1 million t of the feed grain that enters the country, the government stated Oct. 10 in its Official Gazette, relaxing the standard 130% rate until the end of the year. The quotas will be allocated between feed mills and starch/glucose producers. Previously, the Government have temporarily…Read More