Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Turkish flour miller Ulusoy Un has received a Euro 6 million loan jointly from the Industrial Bank of Turkey (TSKB) and the European Bank for Reconstruction and Development (EBRD). This loan is part of a Euro 100 million loan program by the two banks to support private industry in Turkey. Ulusoy Un is a major flour miller in Turkey and is said to export flour to 86 countries. The November 2019 International Grain Council report shows the following regional information:
Iran has become a major buyer of Ukraine corn of late as demand from the EU has fallen off due to EU corn harvest and high Black Sea corn prices. Iran has few options for corn imports because of financing c...