Wheat dominated activity on the Novi Sad Commodity Exchange during the latest trading week, accounting for 85% of total turnover, compared with 71% in the previous week. Contracts for wheat were concluded at prices ranging from RSD19.30 to RSD20.00 per kilogram before VAT, with a weighted average price of RSD19.53 per kilogram, equivalent to approximately €166 per tonne.
Storage Terms Influence Wheat Demand
Buyers expressed stronger interest in wheat deliveries intended for ports, but transactions were not completed because bid and offer prices remained too far apart. Demand was concentrated on wheat offered with free storage until the end of September or October, indicating that buyers are seeking to postpone physical collection and reduce immediate working-capital requirements. The preference for delayed delivery conditions highlights the growing role of storage arrangements and logistics in commodity trading decisions alongside the direct purchase price.
Corn Prices Rise on Limited Trading Activity
Corn traded at RSD20.20–RSD20.50 per kilogram before VAT, with the weighted average price increasing by 1.56% to RSD20.33 per kilogram, or approximately €173 per tonne. The higher price was recorded alongside low trading volumes, suggesting that the increase was linked more to limited available supply than to a significant improvement in demand conditions.
Soybean prices remained unchanged at RSD53 per kilogram, equivalent to approximately €452 per tonne. Feed barley prices increased by 1.9%, trading at RSD17.70–RSD17.80 per kilogram, while rapeseed was offered at €475–€490 per tonne without any completed transactions.
Market Activity Reflects Cautious Trading Conditions
The commodity market indicates sufficient grain availability but limited confidence regarding price direction. Producers continue facing pressure from higher input costs, fuel expenses and financing requirements, while traders and processors remain cautious about export profitability and regional market demand. The growing use of deferred storage arrangements demonstrates that logistics capacity and working-capital management are becoming increasingly important factors in agricultural commodity transactions.
