Altinordu Agricultural Chamber puts per-kilogram production cost at 227 lira; a former Giresun Trade Exchange official predicts a floor price of 250 lira — with the free market likely to settle even lower.
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The Turkish Grain Board (TMO) is expected to announce its 2026-season fresh hazelnut purchase price within days, leaving producers across the Black Sea region in a state of anxious anticipation.
Atakan Akça, chairman of the Altinordu Agricultural Chamber, said per-kilogram production costs for hazelnuts — the livelihood of roughly 450,000 families — have climbed to 227 lira. Given rising input costs, Akça stressed the floor price must not drop below 300 lira.
Last season, TMO bought Giresun-quality in-shell hazelnuts at 200 lira per kilogram, Levant quality at 195 lira, and Sivri quality at 190 lira. Ruhi Yılmaz, former Registration Director at the Giresun Trade Exchange, expects TMO's floor price this season to be set at 250 lira, while cautioning that the free market price could settle below 200 lira. The outlook suggests producers risk falling well short of their expectations on both the official and open-market fronts.
TMO's hazelnut purchasing price, which it will announce this week, is expected to be significantly lower than the 300 lira anticipated by producers, likely in the 200-250 lira range. With production costs rising to 227 lira, keeping the market at such a low level will put producers in a difficult position.
In the hazelnut sector, which provides income for 450,000 families in the Black Sea region, TMO's price announcement will directly determine producer income. The wide gap between the official floor price and free market price could force producers to sell their products at low prices and negatively impact the regional economy.