Turkish mills buy EU, Black Sea wheat to replace Russian imports

Turkish flour mills have covered their short-term needs by purchasing several hundred thousand tons of wheat from EU and Black Sea countries, replacing Russian supplies blocked by a change to import rules, millers and traders said on April 5.

Turkey has effectively halted purchases from Russia of wheat, maize (corn) and sunflower seeds by removing Russian items from a duty-free import scheme from March 15.

The Turkish move meant Russian supplies facing a prohibitive 130 percent duty, though Ankara has denied banning imports from Russia. Moscow has said the tariffs are hindering relations.

Ankara has not said why it removed Russia from the duty-free scheme, but the Turkish economy ministry has said an improvement in political ties with Russia was "not fully reflected yet in economic relations,"
as Russia is yet to restore visa-free travel with Turkey after a previous row.

Relations between the two countries have been strained in recent years and Russia imposed trade restrictions on Turkish goods after Turkey shot down a Russian warplane in November 2015, but Moscow lifted most
restrictions as the two countries restored ties in August last year.

Turkey is the second-largest export market for Russian wheat and the disruption to trade has upset millers who use Russian wheat in their flour which is then exported in large volumes.

Shortfall covered

Turkish millers have since purchased at least 400,000 tons and possibly more than 500,000 tons of wheat from a number of countries in the east of the EU and the Black Sea region, with shipments mainly due
in April, according to millers and traders. 

"I think the Turkish millers have basically covered the shortfall following...