Final UK harvest 2024 estimates

Published 2024년 12월 12일

Tridge summary

The UK's Department for Environment, Food and Rural Affairs (Defra) has released the final production estimates for 2024 cereal and oilseed crops, showing a 13% decrease to 20.0 Mt due to the wettest season on record. The estimates, which are in line with AHDB's provisional figures, make it the smallest harvest since 2020. The availability of wheat has slightly increased, leading to a surplus for export or free stock, while spring barley production has declined, resulting in a tighter balance. Oat production estimates have been slightly reduced, leaving the balance of supply and demand at 251 Kt. The focus is now on harvest 2025, with AHDB expecting an increase in planted wheat area and a decrease in barley area. The next set of AHDB UK cereal supply and demand estimates will be released in January 2025.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sign up to receive the Weekly Market Report and Grain Market Daily from AHDB. Earlier today, Defra released the final estimates for 2024 UK cereal and oilseed production. In order to provide an initial look at harvest 24, back in October, AHDB published “provisional” UK cereal and rapeseed production estimates following the release of Defra English and Scottish production figures. So, how do the final figures differ from our provisional estimates? And what does that mean for domestic supply and demand? As is well known, following the wettest September – May on record (1,168 mm) last season, cereal and oilseed rape production in the UK was considerably challenged, particularly winter sown crops. While most spring crops fared better, according to today’s figures, total production of wheat, barley, oats and oilseed rape contracted by 13% on the year in 2024 to 20.0 Mt. This was in line with AHDB’s provisional estimate made in October, and remains the smallest harvest since 2020. ...

Source: Ahdb