United Kingdom: Oilseeds and Products Annual

MY 2022/23 has been overshadowed by the developments in Ukraine. However, a larger than forecast rapeseed harvest, following favorable growing conditions, avoided the UK being reliant on imported oilseeds, meals, and oils. With another similarly sized rapeseed crop currently forecast for MY 2023/24, albeit despite some challenges over winter and at planting in the spring, this is expected to continue to buffer the UK from external supply factors. Demand for oilseed meals for livestock feed use, which has fallen slightly in MY 2022/23, is forecast to recover in MY 2023/24.