European Union: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   E42022-0029

EU’s total grain production for MY 2022/23 is anticipated to amount to 286 MMT, down from the 293 MMT registered the previous season. The favorable growing conditions across the EU are not anticipated to counter the reduction expected in area planted to grains. Despite the overall good conditions, spring rains are particularly critical to avoid a tight grain balance. Russia’s invasion of Ukraine has stressed the EU grains market, which has responded with increases in price, demand contraction, and a surge of intra EU trade. Increased grain exports are forecast for MY2021/22, while the EU seeks alternative corn sources to replace Ukraine’s supply.

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