Serbia: The harvest is approaching, silos are overflowing

Serbia's wheat, maize and oil crops wholesalers have not managed to clean their storage capacity and make room for grain and wheat from the current crop harvest due to government-imposed export quotas, said Sunčica Savović, Director of the Serbia Grains Association. ms. Savović stated for Beta news agency that 900 thousand tons of wheat from last year are still left for export. "This year Serbia will have record amounts of wheat in storages, up to 700 thousand tons since certain amounts will be exported to Italy, Albania and Macedonia on the basis of June export quotas.” Sunčica Savović added that some 800 thousand metric tons of maize still remained for export and that the storage facilities are full with refined and unrefined oil. The June quotas for wheat and maize have remained at the same level, and the export of sunflower oil has been banned again. "Huge quantities of last year's crops stored in warehouses present blocked money thus the liquidity of the companies is low and ...