Serbia lifts ban on wheat, corn exports

 Serbia’s government decided to lift a ban on the export of wheat and corn which it had introduced in response to food shortage risks, the government said.

The decision was made following an analysis of the current situation and wheat stocks after the harvest, the ministry said in a statement on Thursday.

Free exports of wheat and corn will be in effect until the beginning of autumn when a new assessment of cereals stocks will be carried out, it added.

The government also decided to approve the export of 4,000 tonnes of refined sunflower oil in bulk.

Serbia banned exports of vegetable oil, wheat, maize and flour in March to avert potential shortages caused by the disruption of supply channels as a result of the war in Ukraine.

In April, Serbia’s government introduced quotas for exports of basic foodstuffs. National monthly export quotas were set at 150,000 tons of wheat, 150,000 tons of maize, 20,000 tons of flour, and 8 million litres of refined sunflower oil, the government said in a statement on Wednesday.

According to statistical office data, Serbia harvested 3.54 million tonnes of wheat and 6.24 million tonnes of maize last year.

Tags: Serbia, wheat, corn