Turkish Olive Producers Demand 50 Lira Per Liter Support from Treasury Ministry

Turkish olive producers are urging the government to intervene in the face of mounting costs and falling prices. Tariş Olive and Olive Oil Union President Fikret Akova stated that producers are requesting 50 lira in support per liter of olive oil. This plea, made in conjunction with agricultural chambers from the South and North Aegean regions, highlights the dire financial situation facing the sector.

Akova explained that despite the approaching harvest season and an estimated 60% yield for the "var yılı" (a year of high yield), market prices remain stagnant. Domestic prices hover around 200 lira per kilogram, mirroring international prices of 3.2 to 3.5 euros. However, production costs have risen to approximately 235 lira per kilogram, creating a significant deficit for producers.

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We need state support. And I hope our application is considered.

"We need state support," Akova emphasized, noting that Tariş represents 28,000 members. He expressed hope that the ministry would consider their request, warning that without intervention, the situation could worsen, forcing producers to abandon their crops. "If we don't receive support, we will have to leave the product on the branch," producer Hüseyin Nizam echoed, underscoring the urgency of the situation.

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If we don't receive support, we will have to leave the product on the branch.