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The United Kingdom (UK) is forecast to have a significant increase in grain crop production in Marketing Year (MY) 2025/26. This is largely driven by a partial recovery in wheat production following a particularly low level of production in MY 2024/25.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
New Zealand’s grain and feed sector is relatively small on a global scale, producing around 2.1 million metric tons (MMT) annually, well below the country’s total demand for feed, leading to the import of approximately 60 percent of its grain and feed needs.
Five months into MY2024/25 the situation and outlook for the UK grain sector is starting to become clearer. Significant wheat opening stocks have partly offset concern surrounding the second smallest wheat harvest since MY1999/2000, but even the current momentum in imports means the wheat balance is looking tight.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
The UK is forecast to have one of the lowest grain crops on record in MY 2024/25 following challenging winter planting conditions, a very wet winter, and continued rains now disrupting crop management and spring plantings. Not only is this expected to significantly reduce the planted area, but also average yields.
MY 2022/23 has been overshadowed by the developments in Ukraine. However, high UK grain prices supported planting despite high input prices, especially for fertilizer and fuel.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
New Zealand grain and feed import volumes in 2022 rose to the highest level ever, importing 3.7 million metric tons (MMT), up 13 percent from the previous year. National grain and feed demand continues to outstrip domestic supply by nearly double, with New Zealand producing 2.1 MMT in 2022, but consuming an estimated 5.8 MMT.