Meat sales fall 50% in the last 1.5 months. New price hikes coming at the start of the year

Turkish consumers are cutting red meat purchases sharply, with reported sales down up to 50% over the past six weeks. Beef reached about 1,000 lira per kilogram and lamb about 1,300 lira in October, and further price increases are expected at the start of the new year.

Producer-to-retail price gaps are widening according to the Turkish Chamber of Agriculture union figures cited.