Cereal prices are dictated by geopolitics more than drought

The producers of wheat and maize in Serbia should not expect major fluctuations in the current price of wheat, as well as maize, whose yield was significantly destroyed by drought, if there are no extraordinary disturbances on the geopolitical scene, claims director of the Product Exchange in Novi Sad, Milos Janjic. “A nearly stable level of wheat and corn prices should be expected, if there is no geopolitical impact and no new sanctions are imposed on Russia, as