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Tuesday, March 20, 2007

Trading Summit in Antalya: new levels of international trade of agricultural products

"Trading Summit in Antalya: new levels of international trade of agricultural products

The experience of holding the First International Grain Trading Summit showed us the high reciprocal interest between regions of Northern Africa - Middle East and Black Sea countries. However, the current grain season was serious test for world market. The reduction of wheat production in main countries-exporters resulted in price increasing and thus complicated international trade. The current situation on the world market forces many trading companies to diversify their activity directions in order to minimize risks connected with wheat trading. That is why the Second Trading Summit included as well market of oilseeds and derived products of grains and oilseeds besides the traditional grain sector."

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