Turkey's TMO has set sale prices for milling wheat from its warehouses, with a focus on selling from open piles, particularly in the eastern regions, which are expected to face winter conditions first.

The lowest prices are recorded in eastern and northeastern Turkey, where a limited number of milling enterprises have contributed to the lower price levels. Prices for wheat from closed warehouses are 235 USD/MT for feed wheat and 250 USD/MT for 12.5% milling wheat, while wheat from open piles is priced 220/235 USD/MT correspondingly.

Conversely, the highest prices are observed in regions near Marmara ports, although TMO's wheat stocks, opened for sale in these areas, are minimal. Prices for closed warehouses are 255 USD/MT for feed grade and 270 USD/MT for 12.5% wheat, while wheat from open piles is priced 240/255 USD/MT correspondingly.

In rest of the regions covering the largest volumes of TMO's wheat stocks, prices are set at 240/255 USD/MT for closed warehouses and 225/240 USD/MT for open piles.

Additionally, a manipulation fee of 2 USD/MT will be applied to sales from closed warehouses, incentivizing purchases from open piles.