European grain markets, including bagged barley and fodder barley, have experienced a significant price drop of 16.6% to 35-36 cents per kilo by mid-December, with further pressure leading to prices around 26-27 cents per kilo due to a bulk to prices ratio. The decline is largely attributed to competitive Russian export prices, weak ruble, and the loss of the 'war premium.' Additionally, corn prices are at their lowest since May, and the durum wheat market in Italy and France is also under pressure, with limited demand in the Greek market. The situation is expected to be influenced by sowing intentions in Canada, with the French market currently stabilized at 460 euros per ton.