Serbia, Lower prices of cereals and oilseeds marked this week’s trading on the Product Exchange

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Lower prices of cereals and oilseeds marked this week’s trading on the Product Exchange. In the weekly report, it is stated that the single price is also the weighted price of soybeans, and it is 74 dinars per kilogram without VAT with the calculation of quality, which is 5.4 percent less than the previous week.

This week, the price of soybeans is at its lowest level since July, and there is a negative trend compared to last year’s prices in the same period.

Contracts for corn with increased moisture were concluded in the range of 34 to 34.8 dinars per kilogram without VAT. Corn with storage until February was traded for 36.1 dinars, and the offer for artificially dried corn in the price range of 35 to 36 dinars did not find a buyer.

Wheat with proteins of 11.5 to 12 percent was traded most often, where the prices were up to 39.2 to 39.5 dinars per kilogram without VAT. The weekly weight of wheat is 39.35 dinars/kg without VAT, which is a decrease of 1.33 percent compared to the previous week.

The contract for fodder barley was concluded at a price of 34.9 dinars per kilogram without VAT. Sunflower meal, with 33 percent protein, was traded at a price of 35.20 dinars/kg without VAT. The Russian artificial fertilizer urea was sold at a price of 95 dinars per kilogram without VAT.

A total of 3,970 tons of goods were traded through the Product Exchange, the financial value of which reached 171.9 million dinars, so the turnover fell by 4.2 percent compared to the previous week, Kamatica writes.