Product Exchange turnover declines due to lower buyer activity

The primary agricultural products market at the Novi Sad Product Exchange experienced a decline in turnover during the week of October 26 to October 30, 2026, driven by weakened buyer activity.

In the corn market, demand was primarily focused on corn without aflatoxin analysis. Domestic processors and traders formed the buyer structure, with contracts concluded between 21.10 and 21.20 RSD/kg excluding VAT. The ponder price for corn was 21.16 RSD/kg excluding VAT, a decrease of 0.37% from the previous week.

The wheat market saw increased interest in wheat with 11-13% protein, leading to an average price of 22.31 RSD/kg excluding VAT. This represents a 1.04% increase compared to the previous week due to the higher share of quality wheat in total turnover.

Soybean activity remained low despite buyer interest, with sellers offering prices between 62.20 and 63.00 RSD/kg excluding VAT, while demand ranged from 62.00 to 62.50 RSD/kg excluding VAT. In the barley market, supply exceeded demand.