10 September 2010 Friday 

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"TurkDEX-Anatolian Red Wheat" Futures

Overview

As well as cotton, wheat is also a major agricultural product of Turkey. Farmers, wheat traders and all the other people who buy or sell wheat face the wheat price risk. Now with the introduction of the wheat future contract, these people have the chance to hedge this risk effectively. Wheat producers and people who use the wheat as raw material will be able to know the wheat prices much before the harvest time and be able to make longer future plans.

Other than hedging, wheat future contract also offers investment opportunities for people who are looking for new and alternative investment tools.

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