Abstract
Monthly fluctuations in the prices of grain in Serbia
Highlights
Changes in supply and demand on the grain market significantly influence the level of wheat and corn prices
The research included the analysis of the purchase prices and selling prices
Fluctuations in the grain prices in the studied period, which were determined based on the average monthly rate of change, indicate that the purchase price of wheat achieved the sharpest increase in the production year 2010/11, at a rate of 4.75 %
Summary
Changes in supply and demand on the grain market significantly influence the level of wheat and corn prices. Market trends in Serbia indicate that the wheat market is relatively stable, while the corn market is far more volatile because of the impact of the most important segment of the demand on the Serbian market, which is export (Mutavdžić et al, 2017). The aim of this study is to analyze a multi-year series in order to determine monthly fluctuations in wheat and corn prices in Serbia. Since the economics of using silos, and storehouses in general, depends on the difference between the real growth of grain selling prices and the cost of drying, storage and shrinkage of the grain (Novković et al, 2006), the determined price fluctuations can indicate economically optimal time for selling wheat or corn
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