The food will be cheap, while livestock farmers will be ruined

Published 2020년 8월 18일

Tridge summary

Serbia has seen a successful wheat harvest with surplus stocks set for export, thanks to substantial summer rainfall. However, the agricultural sector faces challenges, with tomato growers suffering from export restrictions due to the pandemic, and livestock farmers dealing with decreased meat demand due to travel restrictions and the hospitality industry's struggles. The country's raspberry growers, on the other hand, are experiencing a bright spot as they have managed to harvest despite initial setbacks and enjoy a better market price this year. The area under cultivation for key crops like corn, soybeans, sugar beets, and sunflowers is significant, although raspberry cultivation has seen a decline. The situation highlights the mixed fortunes of different agricultural sectors in Serbia amidst the ongoing pandemic and its economic impact.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Flaming news is coming from Serbia, where a rich wheat crop has been harvested by crop growers, who can also rejoice that high-yield crops are now promising high yields. After many years, the raspberry planters there were finally satisfied, but in the meantime, tomato growers and livestock farmers were on the brink of ruin. “There is nothing to fear, the wheat is well grown and the autumn ripening crops also promise high yields. There is more room than necessary for everything, the population of Serbia will not go hungry, said Branislav Nedimović, the Minister of Agriculture of the Belgrade government. He based his opinion on the fact that Serbia now has 3 million tons of wheat and the quality is much better than it has been in the last two years. The country's wheat needs range from 1.3 to 1.4 million tons, with the surplus being sold abroad. However, exports are yet to come, as wheat is currently about 5 percent cheaper on the world market than in Serbia. The head of the ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.