# Cereals: EU faces fiercer competition from Russia - Mundus Agri

> The EU Commission's June estimate puts 2019/20 EU cereal output at 311 million tonnes, up 7.1%, but analysts consider it optimistic given the record heat. Concerns were also raised that Russia will gain export market share from the EU.

- Date: 2019-07-10 · published 2019-07-10T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/58037-cereals-eu-faces-fiercer-competition-from-russia-mundus-agri
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A possibly overstated EU crop and rising Russian competition in exports point to weaker EU export demand and softer wheat prices.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-02-03 | [EU wheat faces stiff competition - Grain Central](https://feedsoft.ai/events/20528-eu-wheat-faces-stiff-competition-grain-central.md) | +0.0% | +4.5% |
| WHEAT | 2024-02-07 | [Global: Fierce export competition fuels falling prices](https://feedsoft.ai/events/7203-global-fierce-export-competition-fuels-falling-prices.md) | -3.7% | -0.9% |
| WHEAT | 2018-01-29 | [Russia is strong competitor for wheat markets](https://feedsoft.ai/events/67027-russia-is-strong-competitor-for-wheat-markets.md) | +0.2% | +2.1% |
| WHEAT | 2024-07-12 | [Grains and oilseeds: Canada to profit from EU import tariffs - Mundus Agri](https://feedsoft.ai/events/29211-grains-and-oilseeds-canada-to-profit-from-eu-import-tariffs-mundus-agri.md) | -3.9% | -2.9% |
| WHEAT | 2017-01-31 | [News from Russia](https://feedsoft.ai/events/72851-news-from-russia.md) | +3.8% | +2.5% |
| CORN | 2019-11-25 | [Grain trade: Competition EU and Black Sea countries](https://feedsoft.ai/events/55914-grain-trade-competition-eu-and-black-sea-countries.md) | +1.6% | +2.4% |
| CORN | 2017-08-04 | [Grain export from Ukraine and Russia](https://feedsoft.ai/events/69296-grain-export-from-ukraine-and-russia.md) | -1.9% | -5.5% |
| CORN | 2017-02-07 | [News From Russia And Ukraine](https://feedsoft.ai/events/72350-news-from-russia-and-ukraine.md) | +1.9% | +1.6% |

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/cereals-eu-faces-fiercer-competition-russia.n13754.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.