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Serbia’s readiness for futures markets: Challenges and prospects for agricultural stability

Farmers face numerous challenges each year, including adverse weather conditions such as high temperatures, drought and stormy winds, which can jeopardize their crops. This raises concerns about income stability. Recently, Minister of Internal and Foreign Trade, Tomislav Momirović, highlighted efforts to enhance predictability for farmers through collaboration with the Novi Sad Product Exchange. Momirović noted that farmers could use the futures market to secure prices for cereals and oilseeds while the crops are still in the field. However, the readiness…