Dinamika i stabilnost cena soje u Republici Srbiji / Dynamics and stability of soybean prices in the Republic of Serbia
2016
Bošnjak, Danica (Poljoprivredni fakultet, Novi Sad (Srbija)) | Rodić, Vesna (Poljoprivredni fakultet, Novi Sad (Srbija)) | Karapandžin, Jelena (Poljoprivredni fakultet, Novi Sad (Srbija))
Given the fact that the market price is an important incentive, but also a limiting factor for the development of each production, the authors of this paper analyze the market price of soybean. The aim is to perceive the level, the stability and the trends of soybean market prices, in order to show the possibilities of further development of this crop. The analysis is limited to the market price of soybean realized on the Novi Sad Commodity Exchange in 2009-2014 period of time. The obtained results show that the average annual price of soybean from September 2009 to August 2014 was 0.41 euro/kg, with a growth rate of 14%. the average monthly price in the observed period ranged from 0.28 euro/kg (September 2010) to 0.60 euro/kg (August 2012). Manifested price changes and their seasonal variability suggest the need for constant monitoring of prices in order to make rational business decisions as to the time of sale. By adequate choice of the right time to sell soybean it is possible, through the differences in the soybean price, to increase the total revenue from 169 to as many as 800 euro/kg.
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