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Serbia’s overall grain production in MY 2024/25 had mixed results as its winter crops (wheat and barley) experienced bumper crops while corn, soybean and sunflower declined for the third year in a row.
Wheat production in MY 2025/2026 (July-June) is forecast at 217,000 metric tons (MT), reflecting a slight increase compared to the previous year's estimate. Wheat imports in MY 2025/2026 are forecast at 2.2 MMT.
Serbia’s Marketing Year (MY) 2024/25 wheat area is forecast at 625,000 hectares (HA), 14 percent lower than the previous year. If the predicted yield of 5 MT/HA is achieved, wheat production is expected to reach 3.1 Million Metric Tons (MMT).
Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.
Serbian grain exports were significantly affected by the Russia-Ukraine war in 2022 because 80 percent of Serbia’s grain exports travel to the world via Black Sea ports.
Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice. Wheat imports in MY 2023/2024 are forecast at 2.25 MMT.
Persistent drought from May to August 2022 has damaged most of the spring crops in Serbia, mainly corn, soya, and fruits. Crop yields are forecast to decline by 20-30 percent, with total losses potentially reaching $ billion.
Peruvian wheat production in MY 2022/2023 is forecast at 220,000 MT. Wheat imports in MY 2022/2023 are forecast at 2.25 MMT. Corn production in MY 2022/2023 is forecast at 1.7 MMT.
Very high temperatures starting in May and low precipitation did not have a negative effect on wheat and barley production in Serbia, while corn yield will be reduced by at least 20 percent.
Serbia’s Marketing Year (MY) 2021/22 wheat area is forecast at 600,000 hectares (HA), 5 percent higher than the previous year
Wheat remains a minor crop in Peru and wheat imports in marketing year (MY) 2021/2022 are forecast at 2
Serbia’s total area wheat crop is estimated at 600,000 ha, 5 percent higher than in the previous year mostly due to high wheat prices during MY2019/20.