January 28, 2013
The UK's grain import may exceed Saudi Arabia as farm officials poised to revisit UK grains estimates despite the underestimated import needs.
The region's farming and environment ministry, Defra, will unveil fresh forecasts for UK cereals supply and demand in 2012-13, a season marred by a dismal harvest, with wheat yields at a 20-year low, and the lowest bushel weights on records.
A major European commodities house "it looks as if the season import total will be above
It would come in just short of the
To judge by historical precedent, which shows that
"However, we are very much not in a typical year, so it is hard to know whether this will hold this time," HGCA senior analyst Charlotte Garbutt told Agrimoney.com.
"In a year like this, imports may not be linear," she said.
The revisions come against a backdrop of apparently resilient demand, with wheat use by millers, starch and ethanol producers rising 9.8% to
This figure has been boosted by the Ensus and VIvergo biofuel plants coming onstream, and the poor flour extraction rates the poor-quality wheat is offering mills, forcing them to use more.
Production of animal feedstuffs was, at
"Data on usage in the first five months of the season does not yet show significant demand rationing," the HGCA said.
However, it does reveal a switch in usage in feed from wheat to barley, which is relatively plentiful, and corn being imported from
The commodities house said: "New crop Ukrainian maize is already trading into Europe and it could be bought delivered to the










