Amid Weak Harvest and Food Inflation, Turkey Sees Export Hopes
Soaring hazelnut prices have prompted the makers of Nutella to lock up scarce Turkish supplies. But the country’s agricultural woes go well beyond breakfast crêpes.
Anne Szustek
September 4, 2014
Jars of nutella hazelnut chocolate spread, manufactured by Ferrero SpA, sit in boxes on a shelf inside a supermarket in Slough, U.K., on Monday, Sept. 3, 2012. U.K. retail same-store sales barely rose in July, according to the British Retail Consortium, as consumer confidence was undermined by the double-dip recession and the euro-area debt crisis. Photographer: Simon Dawson/Bloomberg
Simon Dawson/Bloomberg
