Serbia: Serbia Grain Summer Update 2022

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. At the end of July, Serbia eliminated its export ban and export quotas on wheat and corn that was implemented March 10, 2022. Due to the low level of the Danube River and the river traffic ban, grain exports from Serbia have been insignificant.