COVID 19 policies will not inhibit agricultural activities

Agriculture Finance Bulletin

Edition #54, March 2020

Contents

State Initiatives........................................................................................................... 2 1) COVID-19 policies will not inhibit agricultural activities ................................................................. 2 2) Crop production incentives to be paid out without applications.................................................... 2 3) Rulebook published for organic livestock production incentives ................................................... 2 4) Field electrification incentives available to farmers........................................................................ 2 5) Serbia, Israel sign agreement on agricultural cooperation ............................................................. 2 6) Ministry of Agriculture offering subsidized loans through commercial banks ............................... 3

Private Sector.............................................................................................................. 3

7) 8) 9) 10) 11) 12) 13) 14) 15) 16) 17) 18) 19) April frosts expected to damage fruit crops.................................................................................... 3 New app to help orchard producers through unprecedented period ............................................ 3 Agricultural works continue despite state of emergency ............................................................... 4 Serbia to export flour to help Western Balkan countries amid COVID-19 outbreak ...................... 4 Raspberry and blackberry association urges cultivation to continue ............................................. 4 Serbian domestic flour and wheat supplies ample ......................................................................... 4 Export requirements eased for fruits and vegetables bound for Russia......................................... 4 2020 price forecasts released for ten agricultural products........................................................... 5 First International Banat Wine Festival held in Zrenjanin............................................................... 5 Second Contemporary Cooperative Society in Serbia conference held.......................................... 5 Wheat exports down five times due to poor quality ...................................................................... 6 Komercijalna Banka to become most important partner for agribusinesses ................................. 6 Price of Serbian agricultural land growing 5-7% per year............................................................... 6

Note:

The Agriculture Bulletin presents a monthly roundup of headlines and news stories related to Serbia’s agricultural sector.

This bulletin is prepared by Business & Finance Consulting—a Swiss-based development finance consulting company. Currently, BFC is implementing “Development of Financial System in Rural Areas in Serbia” programme for KfW. Read more »