European Union: EU Grain and Feed Fall Update

  |   Attaché Report (GAIN)   |   E42022-0070

Warm and dry summer conditions have taken a toll on EU grain production projections, especially in the case of corn. On a positive note, a surge in corn imports originating from Brazil and Ukraine, with the recent four-month extension of the Black Sea Grain Initiative, have increased predictability of the EU grain market balance. EU grain export expectations have improved based on projected lower internal demand and increased competitiveness of EU wheat in third country markets.

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