Agriculture output down 20%, no food shortages

Serbia's agricultural output will drop 20 percent this year based on early estimates, but there will be enough food for domestic consumption.

Izvor: Tanjug

Tuesday, 04.12.2012.

13:08

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BELGRADE Serbia's agricultural output will drop 20 percent this year based on early estimates, but there will be enough food for domestic consumption. This was heard on Tuesday in Belgrade from President of the Serbian Chamber of Commerce (PKS) Milos Bugarin. Agriculture output down 20%, no food shortages "The gross value of agricultural production in 2012 will total around USD 3.91 billion, compared to USD 5.17 billion last year," Bugarin stated during a gathering marking the 7th anniversary of the Agropres Journalist Association. This year was marked by a catastrophic drought which almost amounted to a natural disaster, said Bugarin, noting that despite the problems, there would be enough food to satisfy demand in the country, while export will stay at last year's level. In 2011, Serbia exported USD 2.7 billion worth of agricultural products for a surplus of USD 1.3 billion, he said. Bugarin said between 550,000 and 600,000 hectares had been sown with wheat this fall and they are expected to produce 2.2 million tons of wheat barring any major weather oscillations, which should be enough for both domestic use and export. (Beta, file) Tanjug

Agriculture output down 20%, no food shortages

"The gross value of agricultural production in 2012 will total around USD 3.91 billion, compared to USD 5.17 billion last year," Bugarin stated during a gathering marking the 7th anniversary of the Agropres Journalist Association.

This year was marked by a catastrophic drought which almost amounted to a natural disaster, said Bugarin, noting that despite the problems, there would be enough food to satisfy demand in the country, while export will stay at last year's level.

In 2011, Serbia exported USD 2.7 billion worth of agricultural products for a surplus of USD 1.3 billion, he said.

Bugarin said between 550,000 and 600,000 hectares had been sown with wheat this fall and they are expected to produce 2.2 million tons of wheat barring any major weather oscillations, which should be enough for both domestic use and export.

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