Dry and warm conditions across the EU, combined with a decline in corn plantings, are anticipated to reduce the bloc’s total grain production in MY 2022/23. Nevertheless, EU exports of grains are expected to remain stable and partially replace Black Sea Region origins in international grain markets. EU grain importing Member States will expand their purchases in alternative grain suppliers to make up for the limited access to Ukrainian grain and the shorter domestic availability. Tight livestock producers’ margins and consumer price increases are expected to result in a reduction in feed and FSI uses of grains. Given these factors, the EU is anticipated to finish with tight grain ending stocks in MY 2022/23.