Cryptic crossword clue
European among bidders wasted chicken feed, perhaps 8

The most common and most likely answer to this crossword clue is the 8 letter word BIRDSEED

I've seen this crossword clue in The Times
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Buddy explains!

The straight part
We know that "chicken feed, perhaps" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case chicken feed, perhaps = birdseed.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does BIRDSEED mean?

BIRDSEED noun
  1. Seed, usually constituting a mixture from several species of plant, set out as food for birds.

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