Bosnia and Herzegovina: Bosnia's Drought Damage Estimated at USD 176 Million

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Rome   |   (011-39-06) 4674-2396

Prolonged persistent heat and lack of precipitation for several months are seriously affecting corn, soybean, fruit and vegetable production in Bosnia and Herzegovina. However, only a few farmers can afford to pay the crop insurance. The Entity Ministries of Agriculture estimate damages at close to $176 million. The current agricultural support funds cannot cover such emergency situations and the agricultural subsidy payments are already 3-8 months late. Feed prices have risen and many livestock farmers are considering downsizing their herds. There is an urgent need for feed for livestock and agricultural inputs for the Fall sowing. In the long term, investment is needed in irrigation systems, anti-hail and anti-frost nets, but historically there have been limited funds available to meet these needs. Consumer prices are expected to increase this Fall especially for meat, fruits, and vegetables.

Bosnia and Herzegovina: Bosnia's Drought Damage Estimated at USD 176 Million

Europe and Eurasia, Bosnia and Herzegovina
Fruits and Vegetables, Grains, Feeds and Fodders, Corn, Oilseeds, Soybeans

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