Wednesday, 20 November 2013

Turkey Agribusiness Report Q1 2014

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Turkey Agribusiness Report Q1 2014
Nov 20th 2013, 00:00

Price: $ 1295  

BMI View: We favour the sugar sector in Turkey because of the strong growth potential of the country's confectionery industry. We see little growth potential for the grain, dairy, livestock and rice sectors, as we believe the country's production growth in these segments will be hampered by high domestic production and input costs. In line with these views, we believe domestic confectionery companies will outperform, as they will benefit from growing domestic sugar production capacity as well as a strong consumer story. We highlight √úlker Biskuvi Sanayi AS as an example of this dynamic. Grains Dominate BMI Agribusiness Market Value By Commodity (% of total) Note: The BMI Market Value is an addition of all domestically produced commodities' value (calculated by multiplying the productio ...

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