Serbia wheat prices fall as turnover rises

That slide matters beyond Serbia’s domestic market. Wheat is a staple input for flour mills, food processors and livestock users across the Balkans, so weaker prices can improve near-term procurement costs for buyers but squeeze farmers and traders holding inventory. It also signals that the market is still struggling to clear higher-quality wheat, even as buyers show interest in specific grades.

Corn was less active, with demand fading through the week and trading effectively stalled as buyers and sellers remained far apart on price. Buyers focused on corn without aflatoxin testing at 20.50 to 21.20 dinars per kilogram, while offers ranged from 20.80 to 22.00 dinars depending on quality and delivery terms.

Soybeans were the other standout crop, with steady buying interest and limited supply supporting a 1.29% weekly price increase to 63.00 dinars per kilogram. Feed barley traded at 20.00 to 20.20 dinars, but weaker buying and a widening bid-offer gap kept volumes limited.

For investors in grain, agri-processing and food businesses, the message is that local cereal markets remain highly grade-sensitive and price dispersion is widening. With wheat demand leading the exchange but prices still falling, the next catalyst will be whether supply tightness in higher-protein grades or broader export demand can stabilize Serbian grain prices in the weeks ahead.