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Serbia - wheat planted area down for 14%
Total area planted to wheat in Serbia for the 2005 crop is estimated at 550,000 HA, about 14 percent lower than the previous year. Planting conditions in fall 2004 were unfavorable due to wet field conditions that delayed the 2004 corn harvest. As a result, about 60 percent of the new wheat crop was planted later than the optimal planting date. It is projected that yield loss due to planting delay could reach 20 percent. However, most of the planted wheat area is currently under favorable weather conditions, with significant snowfalls in late January and early February providing needed protection from recent frosts and should ensure sufficient moisture throughout the growing season.

Serbia’s wheat production in 2005/06 is projected to be around 1.9 Million MT, a 35 percent decline from the previous year. More accurate production estimates, however, will eventually depend on the actual average yield, which is mainly a function of weather conditions during the growing season.

Serbia’ wheat surplus in MY 2004/05 is estimated at about one million ton. During the period July – January, total wheat exports were estimated at 130,000 Mt, going mostly to Balkan countries, with Bosnia and Herzegovina, Albania and Croatia topping the list. There were also some small shipments of Serbian wheat that went to Italy. The Serbian wheat crop is reported to have low baking quality. This, together with high wheat prices in local markets, has significantly slowed down wheat exports to a halt. One of the reasons for the relatively high local prices is that farmers in central Serbia have been holding large quantities of their wheat stocks speculating for higher prices. However, with the approaching spring season and increased need for cash to finance fieldworks, farmers may have to sell their stocks at much lower prices. This could help accelerate Serbia’s wheat exports for the coming months. Market analysts, however, do not foresee Serbian wheat exports to exceed 300,000 MT.

Wheat prices in local markets during the first half of February averaged about $140 per MT at the farm-gate.
MGR Archive 25.2.2005
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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