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Savovic noted that the export ban will negatively affect everyone in the supply chain, including producers and agricultural cooperatives, domestic traders, millers, and about 200 companies that are exporting but unable to operate normally
.
Currently, the exporters have actually breached their contractual obligations, part of the contracts and deliveries should have been completed in March and early April, but it was not their fault
.
At the same time, it is also impossible to sign sales contracts for wheat and corn this year during the export ban
.
Litigation for breach of contract will not be resolved in favor of the Cypriot exporter, and on average each company will face hundreds of thousands of euros, an unbelievable sum
.
Traditional buyers of Cypriot wheat, corn and sunflower oil will also lose years of trust in Cypriot exporters
.
Buyers will turn to countries without export restrictions such as Bulgaria and Hungary, which are bigger producers and exporters than Serbia
.
.
Currently, the exporters have actually breached their contractual obligations, part of the contracts and deliveries should have been completed in March and early April, but it was not their fault
.
At the same time, it is also impossible to sign sales contracts for wheat and corn this year during the export ban
.
Litigation for breach of contract will not be resolved in favor of the Cypriot exporter, and on average each company will face hundreds of thousands of euros, an unbelievable sum
.
Traditional buyers of Cypriot wheat, corn and sunflower oil will also lose years of trust in Cypriot exporters
.
Buyers will turn to countries without export restrictions such as Bulgaria and Hungary, which are bigger producers and exporters than Serbia
.
Savovic said the ban had only partly caused a drop in corn and wheat prices
.
In the first week of the ban, wheat prices remained unchanged, reaching as high as 35.
5 dinars (about $0.
33) per kilogram and corn at 34 dinars (about $0.
32) per kilogram
.
The price of maize fell to 32 dinars per kilo in the second week, only to resume gains last week
.
To be sure, without lifting the export ban, we will not be able to prepare the granaries, which are already full
.
When this year's crop is harvested, only the 2021 and 2022 grains can be stored in a mix, which will inevitably lead to pest infestations and reduced grain quality
.
.
In the first week of the ban, wheat prices remained unchanged, reaching as high as 35.
5 dinars (about $0.
33) per kilogram and corn at 34 dinars (about $0.
32) per kilogram
.
The price of maize fell to 32 dinars per kilo in the second week, only to resume gains last week
.
To be sure, without lifting the export ban, we will not be able to prepare the granaries, which are already full
.
When this year's crop is harvested, only the 2021 and 2022 grains can be stored in a mix, which will inevitably lead to pest infestations and reduced grain quality
.
