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The Turkish Central Bank raised its end-2026 inflation forecast to 29.5% from 28%, and lifted its 2027 and 2028 forecasts to 21% and 13.5%. Governor Fatih Karahan blamed geopolitical supply shocks, higher energy prices and freight costs linked to Strait of Hormuz disruptions.
Higher inflation expectations keep the lira under pressure, which raises the lira cost of imported feed inputs for Turkish buyers. The direct effect on world feed prices is small.
thepeninsulaqatar.comThe Peninsula NewspaperNov 15, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
