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Serbia’s overall grain production in MY 2024/25 had mixed results as its winter crops (wheat and barley) experienced bumper crops while corn, soybean and sunflower declined for the third year in a row.
Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.
Serbian grain exports were significantly affected by the Russia-Ukraine war in 2022 because 80 percent of Serbia’s grain exports travel to the world via Black Sea ports.
Persistent drought from May to August 2022 has damaged most of the spring crops in Serbia, mainly corn, soya, and fruits. Crop yields are forecast to decline by 20-30 percent, with total losses potentially reaching $ billion.
On April 20, the Government of Serbia (GoS) lifted its prohibition on the export of wheat, corn, flour, and refined sunflower oil. In its place, introduced monthly export quotas. On April 30, the GoS increased export quotas on wheat and wheat flour.