Serbia: A grain market worth watching - Braun
by Karen Braun

Reuters    Translate This Article
14 June 2016

On 14 June 2016 Reuters reported: It may be worth keeping a closer eye on the Serbian grain market, but the reasons may not be immediately obvious. When it comes to planting decisions, cash and futures prices may cause Serbian farmers to devote a bit of extra area to one particular crop, but rotations usually win out. Above all, crop rotation practices help farmers achieve the best potential for their crops, which is why they rarely veer from this procedure. It is rare to find a farmer in Serbia who does not grow multiple types of crops, as land diversification is one of the most important risk-management strategies. The 'black earth' soil found across most of this region is about the most desirable soil type in the world, comparable with soils in the central parts of the United States and Ukraine. Serbian corn has an advantage over the competition because of the country's strict laws against genetically modified organisms, or GMOs. European countries largely produce non-GMO crops but most of them do not outlaw the practice outright, as Serbia does. Therefore customers of Serbian corn are guaranteed a GMO-free product, which not only raises demand but has also created a somewhat niche market for the grain. Global Good News service views this news as a sign of rising positivity in the field of environment, documenting the growth of life-supporting, evolutionary trends.

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