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Photo of UK wheat stocks hit four year low

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

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UK wheat stocks hit four year low

Home \ Prices & Stats \ News \ 2018 \ October \ UK wheat stocks hit four year low

UK wheat end stocks have hit a four year low of 1,718Kt, according to the end of season balance sheet released by AHDB/ Defra yesterday afternoon.

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We are a couple of weeks away from the first balance sheet for the new season. However, we are already anticipating tighter wheat production (here). This, combined with reduced opening stocks and increased animal feed demand following the drought, would point to a tight year and support for prices.

That said, the implication of Vivergo’s closure (here) does leave a question mark hanging over the UK wheat balance.

Click here to read about the latest UK feed wheat futures prices.

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James Webster, Senior Analyst

James.Webster@ahdb.org.uk024 7647 8844