United Kingdom: Grain Situation and Outlook Update
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Five months into MY2024/25 the situation and outlook for the UK grain sector is starting to become clearer. Significant wheat opening stocks have partly offset concern surrounding the second smallest wheat harvest since MY1999/2000, but even the current momentum in imports means the wheat balance is looking tight. While the larger barley and oats crops will meet some of the shortfall in feed grain supply, continued high demand for imports of corn for feed, including limited volumes from the United States, is forecast to continue.