RASPBERRY AS A POTENTIAL COMMODITY EXCHANGE MATERIAL IN THE REPUBLIC OF SERBIA
DOI:
https://doi.org/10.5937/ekoPolj2003955SKeywords:
commodity exchange, raspberries, authorized warehouse, standardization, trading systemAbstract
Commodity exchange has a very long tradition and in a modern business conditions. Serbia ranks among the worlds largest producers of raspberries, exporting more than 90% of total production of this fruit. Considering that Serbia is among global leaders in the export of frozen raspberries and that the process of standardization of the quality and quantity of this type of fruit is relatively simple, the starting hypothesis is that Serbian raspberry can be traded at commodity exchange. The main objective of our research is to analyze the necessary conditions for formation and sustainable functioning of the raspberry commodity exchange, with the emphasis on testing the proposed model of the commodity exchange method of communication between primary raspberry producers (vendors), intermediaries (purchasers, raspberry dealers or exporters of raspberries) and end customers who buy raspberries. We surveyed 100 persons representing the key actors of the Serbian raspberry producers and proposed the model of raspberry trading through commodity exchange.
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References
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2. Belozertsev, A., Rutten, L., & Hollinger, F. (2011). Commodity exchanges in Europe and Central Asia: A means for management of price risk. Food and Agriculture Organization/World Bank Cooperative Programme, Working Paper.
3. Centers for Disease Control and Prevention (2017). National Diabetes Statistics Report, 2017. Atlanta, GA: Centers for Disease Control and Prevention, US Department of Health and Human Services.
4. Di, X., Lanjun, Z., Indika, E., Jawed, F., Yevgeniy, B., & Britt, B.F. (2019). Attenuation of Postmeal Metabolic Indices with Red Raspberries in Individuals at Risk for Diabetes: A Randomized Controlled Trial. Obesity, 27(4), 542-550. doi: https://doi.org/10.1002/oby.22406
5. Djurkovic, M. (2019). SWOT analysis of Serbias raspberry sector in the competitive marketplace. Master Thesis. Norwegian University of Life Sciences.
6. FAOSTAT, Retrieved from http://www.fao.org/faostat/en/#data/QC/visualize (July 21, 2019).
7. Faruk, H. (2015). Setting Up Commodity Exchange In Bangladesh, North South University, FIN480 Project.
8. Handschuch, C., Wollni, M., & Villalobos, P. (2013). Adoption of food safety and quality standards among Chilean raspberry producers – Do smallholders benefit? Food Policy, 40, 64–73. doi: https://doi.org/10.1016/j.foodpol.2013.02.002
9. J. vom Brocke, & Rosemann, M. (2010), Handbook on Business Process Management 1, International Handbooks on Information Systems, Chapter: Aagesen G. Krogstie J. 2010. Analysis and Design of Business Processes Using BPMN, 213-235. doi: https://doi.org/10.1007/978-3-642-00416-2_10
10. Jara-Rojas, R., Bravo-Ureta, B., Solís, D., & Martínez Arriagada, D. (2018). Technical efficiency and marketing channels among small-scale farmers: evidence for raspberry production in Chile. International Food and Agribusiness Management Review, 21(3), 351-364. doi: https://doi.org/10.22434/IFAMR2016.0168
11. Kljajić, N., Subić, J., & Sredojević, Z. (2017). Profitability of Raspberry Production on Holdings in the Territory of Arilje. Economics of Agriculture, 64(1), 57-68. doi: https://doi.org/10.5937/ekoPolj1701057K
12. Maksimović, M., Vujović, V., & Omanović-Mikličanin, E. (2015). Application of internet of things in food packaging and transportation. Int. J. Sustainable Agricultural Management and Informatics, 1(4), 333-350. doi: https://doi.org/10.1504/IJSAMI.2015.075053
13. Maxwell, P. (2015). Transparent and opaque pricing: The interesting case of lithium. Resources Policy, 45, 92-97. doi: https://doi.org/10.1016/j.resourpol.2015.03.007
14. Moreno-Ucles, R. (2019). Effects of Red Raspberry Polyphenols and Metabolites on Biomarkers of Inflammation and Insulin Resistance in Prediabetes and Type 2 Diabetes. LSU Doctoral Dissertations.
15. Mukhebi, A., & Kundu, J. (2014). Linking farmers to markets in Kenya: The evolving KACE model. Cahiers Agricultures, 23(4-5), 282-287. doi: https://doi.org/10.1684/agr.2014.0710
16. Nicholas, J.S, & Jayne, T.S. (2012). Why are African commodity exchanges languishing? A case study of the Zambian Agricultural Commodity Exchange. Food Policy, 37(3), 275-282. doi: https://doi.org/10.1016/j.foodpol.2012.02.015
17. Nikolić, M. (2016). Current situation and the future of raspberry in Serbia, X IRO Meeting, 9-10 maj, Šabac, Serbia.
18. Nikolić, M. (2018). Overview of Raspberry Production in Serbia, XI World Conference IRO 2018, Veliko Tarnovo, Bulgaria.
19. Paraušić, V., & Simeunović, I. (2016). Market Analysis Of Serbias Raspberry Sector And Cluster Development Initiatives. Economics of Agriculture, 63(4), 1417-1431. doi: https://doi.org/10.5937/ekoPolj1604417P
20. Pei-Wen, W., Yu-Chen, C., Yu-Chiang, H., Chih-Hung, L., Jia-You, F., WenTai, L., Yun-Ru, W., & Tai-Long, P. (2019). Red Raspberry Extract Protects the Skin against UVB-Induced Damage with Antioxidative and Anti-inflammatory Properties. Oxidative Medicine and Cellular Longevity. doi: https://doi.org/10.1155/2019/9529676
21. Rashid, S., Winter-Nelson, A., & Garcia, P. (2010). Purpose and Potential for Commodity Exchanges in African Economies. The International Food Policy Research Institute, Discussion Paper 01035.
22. Sarić, R., Subić, J., & Roljević, S. (2009). Malina kao izvozni brend Srbije. Economic Themes, 47(3), 171-178.
23. Schell, J., Betts, N.M., Lyons, T.J., & Basu, A. (2019). Raspberries Improve Postprandial Glucose and Acute and Chronic Inflammation in Adults with Type 2 Diabetes. Ann Nutr Metab, 74, 165–174. doi: https://doi.org/10.1159/000497226
24. Serbia Food Industry, Retrieved from https://ras.gov.rs/uploads/2018/10/food-1.pdf (October 19, 2019).
25. SORS, Retrieved from http://data.stat.gov.rs/Home/Result/13050101?languageCode=en-US (February 14, 2019).
26. Veljkovic, B., Djordjevic, N., Dolicanin, Z., Licina, B., Topuzovic, M., Stankovic, M., Zlatic, N., & Dajic-Stevanovic, Z. (2018). Antioxidant And Anticancer Properties Of Leaf And Fruit Extracts Of The Wild Raspberry. Notulae Botanicae Horti Agrobotanici Cluj-Napoca, 47(2), 359-367. doi: https://doi.org/10.15835/Nbha47111274
27. Vlatković, M., & Jovanović, Z. (2016). Administrative Low, Faculty of Low, University of Kragujevac, Kragujevac, 207.
28. Wesley, S.J., Raja, P., Raj, A.A.S., & Tiroutchelvamae, D. (2014). Review on – nanotechnology applications in food packaging and safety. International Journal of Engineering Research, 3(11), 645–651.
29. Wróblewska, W., Pawlak, J., & Paszko, D. (2019). Economic Aspects In The Raspberry Production On The Example Of Farms From Poland, Serbia And Ukraine. Journal of Horticultural Research, 27(2), 71–80. doi: https://doi.org/10.2478/johr-2019-0019
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Published
2020-09-29
How to Cite
Stojkovic, D. G., Živić, F., Štimac, M., Borisavljevic, K., & Grujovic, N. (2020). RASPBERRY AS A POTENTIAL COMMODITY EXCHANGE MATERIAL IN THE REPUBLIC OF SERBIA. Ekonomika Poljoprivrede, 67(3), 955–971. https://doi.org/10.5937/ekoPolj2003955S
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Review articles
