USDA – Grain: World Markets and Trade, Mar 2025

The report focuses on global grain markets and trade, with an emphasis on wheat exports from the European Union in 2024/25.

Key findings include a forecast of EU wheat exports at 27.0 million tons, the lowest in 6 years, due to the lowest production since 2007/08 caused by weather issues in major producing countries like France and Germany. Decreased demand in international markets and limited exportable supplies from France have led to increased exports from other EU countries such as Romania and Bulgaria. North African markets, like Morocco and Algeria, have turned to Black Sea suppliers due to the shortage of French supplies.