
Turkish Grain Board (TMO) began 90-day interest-free deferred sales of barley and oats on December 2, 2024, at 8,000 to 8,500 TRY per ton for barley and 7,000 to 7,080 TRY per ton for oats. The board cited strong stocks and said the move aims to ease feed costs, following an October cut in the corn import duty from 130% to 5%.
Government sales of state stocks at discounted prices and deferred payment terms add supply to Turkey's feed market, which should cap domestic barley and oat prices and ease feed buyers' costs.
After 439 past neutral policy events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
Not enough comparable past events yet for a historical read.
After 49 past policy events, OATS moved a median -1.1% over 5 sessions (39% higher; middle half -3.3% to +2.7%), and -2.0% over 20.
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.