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Serbia’s 2009 “Law on Genetically Engineered Organisms (GEOs)” prohibits the importation and commercial production of genetically engineered crops. While Serbia’s Ministry of Agriculture, Forestry and Water Management has prepared a more forward-leaning “Law on GEOs” amendment in 2018, the current Serbian government has not considered adoption of this revision.
Uruguayan beef exports in 2025 are forecast to remain unchanged at 475,000 tons carcass weight equivalent (cwe). The final volume will depend on how active Chinese buyers are the remainder of the year and FOB prices. Exports to the United States are projected to remain high.
Serbia’s Marketing Year (MY) 2024/25 wheat area is forecast at 625,000 hectares (HA), 14 percent lower than the previous year. If the predicted yield of 5 MT/HA is achieved, wheat production is expected to reach 3.1 Million Metric Tons (MMT).
Uruguayan wheat production in marketing year (MY) 2024/2025 is forecast at 1.3 million tons, 260,000 tons lower than the previous crop season which saw record high yields. Wheat exports are projected down at 800,000 tons, 29 percent lower than the previous year.
Post forecasts Uruguay’s marketing year (MY) 2024/25 soybean up to 3.4 million metric tons (MMT) on increased soy acreage planting, driven by increased acreage in second or late crop soy due to producers fears of another dry year of La Niña weather pattern and potential disease threat to corn, preferring soy over corn.
Serbia offers good opportunities for the U.S. exporters of consumer-oriented agriculture products. From January-October 2023, total U.S. exports of agriculture products to Serbia reached $22.6 million, an increase of about 16 percent compared to the same period in 2022.