UK: Less wheat milled to start the new season

Published 2024년 9월 6일

Tridge summary

The UK flour milling industry consumed 9% less wheat in July 2024 compared to the same month in 2023, totaling 482.1 Kt. This decrease was largely due to a 12% drop in the use of home-grown wheat, although imported wheat usage increased by 9%. The first month of the 2024/25 season also saw a decrease in 'other flour' production, indicating less demand for wheat from the starch and bioethanol industries. The upcoming season is expected to see continued high imports of wheat, with the UK being the fifth largest recipient in the EU. The size of the wheat crop this season is expected to be smaller due to reduced planting areas, with the exact reliance on imports depending on domestic demand and the final crop size.

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. The UK flour milling industry, including for starch and bioethanol production, used 9% less wheat in July 2024 than in July 2023 shows data from AHDB. In July 2024, the first month of the 2024/25 season, the industry used a total of 482.1 Kt of wheat. Usage of home-grown wheat fell 12% compared with July 2023, while there was a 9% rise in the amount of imported wheat used year-on-year. However, when compared to June 2024, as a proportion of the total wheat used, imported wheat lost a little ground. In July, imported wheat accounted for 20% of all wheat used by, down from 24% in June, though still ahead of July 2023 (17%). The proportion of imported wheat used increased through last season, reflecting both the quality of the 2023 crop and expectations for tight wheat supplies this season. Last season’s strong wheat import pace is expected to continue this season; HMRC releases data for July next week. The ...

Source: Ahdb