United Kingdom: Grain and Feed Annual

After a 40-year low in marketing year MY2020/21, UK production of wheat is forecast to rise sharply in MY2021/22, at the expense of spring barley, following much more favorable year-on-year fall planting conditions. This will mean feed use of barley and the import of corn for use in the biofuels sector will both decline in MY2021/22 following their spike in MY2020/21. Indeed, MY2020/21 should be considered an outlier year, not just because of the weather but also because of the uncertainty of Brexit and the COVID-19 pandemic. With the UK having now completed its departure from the EU, growers and traders alike are making more informed decisions ahead of MY2021/22, albeit COVID-19 could continue to play its part on the demand side.