As of the end of October 2019, 540.000tons of stock exchanges were registered. As of today, we expect it to be 640.000tons stock exchanges registered. TMO has purchased 77,000 tons.
TMO has purchased 75.000 tons inshell hazelnut up to now. Since the free market prices are higher than TMO prices, farmers stop to sell their hazelnuts to TMO.
TMO has 61 units at 36 points so far and has purchased more than 30.000 tons inshell hazelnut up to now. 145.000tons inshell hazelnut appointment is taken by farmers until end of October an TMO continues to give appointment recently.
Ferrero has declared inshell hazelnut purchasing price. Levant Quality inshell 50% yield TL 15,75/kg Giresun quality inshell 50% yield TL 16,75/kg Premium TL 0,25/kg for A-B extra quality (rotten percentage less than 1%)
TMO will start to buy new crop Giresun quality inshell hazelnut is TL 17/kg and the price of Levant quality hazelnut is TL 16,5/kg.
All TMO stocks are finished as of today. Provincial Directorates of the Ministry of Agriculture continue to their new crop countings. They will announce their results in mid of July.
TMO general manager has declared to public 6th of May that 38.000tons in shell hazelnut remain in their stock and selling will continuous during May at TL 15,00/kg
TMO (Turkish Grain Board) has started offering their stock of 71.000tons in-shell hazelnut to the market.