Serbia will receive barter fertilizers from Iran against wheat and corn

Wheat

Maize (Corn)

Serbia

Iran

Published May 27, 2022

Tridge summary

Serbia will receive barter-based fertilizers from Iran against wheat and corn, which will provide an opportunity to lower fertilizer prices for farmers, President Alexander Vucic told local television Pink. "Do you know how many times we have been teased about fertilizer prices?" We will now barter with Iran. We give them wheat and some corn, they give us fertilizers to provide cheaper fertilizers for farmers, "Vucic boasted.

Original content

According to him, in Europe and the world, but not in Serbia, the biggest problems are with wheat and vegetable oils. "Keep in mind that in India it is 51 degrees, 25% to 30% of the wheat crop has been destroyed. In Argentina, despite the other hemisphere and the seasons, 30% of the crop has been destroyed. We are talking about large manufacturers. In the United States and Canada, the harvest is terrible. "Looking at all this, you will see what an imbalance and problems there are worldwide," he said. The Serbian president has repeatedly pointed to problems with the supply of agricultural products to international markets due to Russia's invasion of Ukraine. In 2021, Serbia produced 3.5 million tons of wheat, of which, according to the country's Republican Statistical Office, just over 1.5 million tons are needed to meet its own needs and replenish the seed fund, and the rest is exported. Amid high wheat prices on international markets and the temptations they offer exporters, on ...

Source: Sinor