Product exchange: All primary agricultural products became more expensive

At the Product Exchange in Novi Sad, in the first week of September, all primary agricultural products rose in price, and most soybeans, almost 12 percent, it was announced today.

Purchase and sale contracts for soybeans were concluded in the price range from 77 to 80 dinars per kilogram without value added tax (VAT).

“Expressed demand of domestic processors for this oilseed, uncertainty about the yield and quality of the new crop, as well as the lack of supply from last year’s crop have led to this oilseed plant rising by 11.62 percent compared to the last registered price,” the statement said.

Wheat was the most sought after on the stock market and its price was higher by three percent compared to the previous week, and sales contracts were concluded in the price range from 24.30 to 25.30 dinars per kilogram, without VAT.

At the beginning of the week, corn cost 25.70 dinars per kilogram without VAT, while the price on the last day was 26.20 dinars without VAT, which is an increase of about 2.7 percent.

Weather conditions postponed the harvest of sunflowers, and all sales contracts were concluded at a single price of 55.61 dinars per kilogram without VAT, or 473 euros per ton, which is a slight increase of 0.23 percent.

By Editor

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