In particular, over the last week, the EU exported only 156,129 thousand tons of grain, which is the third largest minimal value in the current season.

As noted, in the current my the share of the European wheat in foreign markets in the face of increasing competition from black sea grain has decreased significantly, even given the fact that traditionally in December grain exports from the EU increases due to the forthcoming Christmas and new year holidays.

Also last week, EU countries have reduced shipments of corn to 118,566 thousand tonnes against the average level of weekly sales in 282,774 thousand tons. However, since the beginning of the season the exports of grain increased by 50% compared to the same period 2016/17 MG to 6.42 million tonnes, primarily due to the downward price trend in the global corn market.

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