UK: Oat exports starting to slow

Published 2024년 4월 17일

Tridge summary

The article provides an overview of the UK grain market up to the end of February 2024, detailing trade data for oats, wheat, and barley. It notes a slowdown in oat exports, which have been strong historically, mainly to the EU, with a forecast of 105 Kt for the season. Wheat exports have significantly decreased, leading to increased imports due to domestic shortages and adverse weather conditions affecting the crops. Meanwhile, barley exports have seen a decline, with imports more than doubling, especially of feed quality for Northern Ireland. The AHDB's weekly and daily grain market reports are mentioned as resources for further detailed insights.

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 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 ...

Source: Ahdb