While Turkey's demand for both soybeans and soymeal is rising due to expansion in the poultry and livestock sector, it can only be met by increasing imports. About 40 percent of the soybean imports and 35 percent of the soymeal imports come from the U.S.

  News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS India reports that close to 40,000 MT of soybean extraction were exported to the Middle East/North Africa (MENA) region during April-May 2014. This included 35,500 MT to Iran, 2,500 MT to Kuwait and 1,900 MT to Oman.The USDA Export Credit Guarantee Program (GSM-102) reports that all but $15 million of the $212,500,000 allocated to the Africa-Middle East region has been used. The GSM-102 program to Turkey of$ 312,500,000 has been e...