Serbia to place 131,000 tons of wheat in reserve

Published 2022년 7월 1일

Tridge summary

The Serbian government has decided to purchase 131,000 tons of wheat from domestic producers for food reserve, at a price of 40 dinars per kilogram. The minimum purchase volume is 10 tons for family farms and 100 tons for enterprises. The harvest for this year is expected to exceed 3 million tons. A temporary ban on the export of wheat, wheat flour, corn, and vegetable oil was introduced in March, but later changed to export quotas.

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Original content

The Serbian government has decided to purchase 131,000 tons of wheat from the new crop from domestic producers and place it in a food reserve, the Tanjug agency reports, citing the Cabinet of Ministers. Serbian President Aleksandar Vucic said in early June that the country has enough food not only to cover its needs, but is also ready to share with the countries of the region, primarily Albania and North Macedonia, participants in the initiative to create a single regional market for goods, services and labor Open Balkan, as well as Montenegro and Bosnia and Herzegovina. "The Government of Serbia approved the purchase of 131 thousand tons of food wheat at 40 dinars per kilogram (about 0.33 euros) with VAT included in the price by the Republican Directorate of Commodity Reserves. The minimum purchase volume from a family farm is 10 tons, from an enterprise - 100 tons," transmits the agency with a link to the document. The harvest began in the autonomous province of Vojvodina, the ...

Source: Zol