REUTERS: Serbia: A grain market worth watching – Braun

06/14/2016

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June 14th, 2016 | By: Karen Braun

It may be worth keeping a closer eye on the Serbian grain market, but the reasons may not be immediately obvious.

Serbia, located on the Balkan Peninsula, borders four European Union countries – Romania, Hungary, Croatia and Bulgaria – but is not an EU member itself. Therefore it often gets overlooked in the European grain picture.

In recent years, the former Yugoslavian nation has broken the top 10 in terms of largest exported corn volumes by country. In terms of trade, Serbia is basically considered a Black Sea country and competes directly with Ukraine, Romania and Russia.

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