September 7, 2005
USDA: Turkey increases tariffs on some agriculture products
On August 31, Turkey announced tariff increases to a number of agriculture products.
Of note, Turkey increased the import duty on soybean meal from 6% to 8%. Currently, the spread between soybeans and soybean meal is 6%, which could discourage imports of U.S. soybean meal.
| ¡¡ | ¡¡ |
2005 Duty |
2005 Duty | ||
|
Commodity |
Tariff Code |
as of Jan. 1, 2005 |
as of August 31, 2005 | ||
|
¡¡ |
¡¡ |
EU&EFTA |
Others |
EU&EFTA |
Others |
|
Soybean meal |
2304 |
0 |
2 |
0 |
8 |
|
Cotton Seed |
2306.10.00.00.00 |
0 |
2 |
11.5 |
13.5 |
For the full USDA report, click here.
