wheat prices

Farmers struggle as wheat prices fail to cover production costs despite record yields in Serbia

Farmers in Serbia are complaining that the current wheat price, around 21 dinars per kilogram, is insufficient to cover production costs. Agro-economic analyst Žarko Galetin explains that although this year’s wheat yield is historically high—estimated at about 5.5 to 5.6 tons per hectare, the best ever—and the quality is good, the market price remains low due to global influences, especially from the Black Sea region where Russian and Ukrainian wheat exert downward pressure. The state purchased wheat for commodity reserves…