The aim of this paper is to determine the importance and necessary prerequisites for the development of futures trading with agricultural products in Serbia. Developed futures market allows participants in the agribusiness sector secure trade and provides an important instrument in the management of business risk. Price fluctuations of agricultural products have been particularly pronounced in recent decades, which has led to the rapid development of futures trading with agricultural products. According to the results in this paper, despite the existence of the legal basis for the establishment of this market, it did not occur primarily due to deficiencies in the * vlado.kovacevic@minpolj.gov.rs 173 | ZNAČAJ I PREDUSLOVI RAZVOJA BERZANSKOG TRGOVANJA POLJOPRIVREDNIM PROIZVODIMA U SRBIJI ŠKOLA BIZNISA, 2/2017, 172 -178 legal frame. The establishment of the above markets is of great importance for agrosektor in Serbia primarily due to the need for risk management changes in the prices of agricultural products in the future. In order to establish a futures trading with agricultural products, it is necessary to establish an appropriate legal framework, as well as to improve the overall business environment, which is important for this market.
Abstract:In this paper, the greatest attention was paid to the specific problems faced by managers in agriculture. In order to survive in the market and respond to the challenges that lie ahead of them, they first have to look at the analysis of the macroeconomic environment before making a business decision. Our managers in agriculture should be primarily facing export strategy of agricultural products. As is now self-financing of agricultural production difficult to achieve, managers in agriculture are resorting to alternative sources of funding where it is necessary to find the optimal ratio of own and borrowed capital with the objective of positive operating. * tasa1987@yahoo.com
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