UK: Oat exports starting to slow

Sign up to receive the Weekly Market Report and Grain Market Daily from AHDB. The latest UK trade data includes figures relating to exports and imports of grain up until the end of February 2024. Following a strong pace over the autumn/winter period for UK oat exports, movements appear to have slowed slightly. According to HMRC, imports of oats this season to date (Jul -Feb) totalled 94.2 Kt. This sits 48% above the five-year average (63.8 Kt) for this period, but 27% below the same point last season (128.6 Kt). This historically firm pace comes despite opening stocks and production both seeing a yearly decline. Export demand remained high mainly driven by the EU. Exports to the EU totalled 86.2 Kt this season so far (Jul – Feb). The main destinations for oat exports were Belgium (37.8 Kt), Spain (19.8 Kt) and the Netherlands (15.4 Kt). However, according to the EU commission, total oat exports this season to the EU from the UK as at 01 April sat at 98.9 Kt, suggesting pace has ...