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AHDB reports that UK end-of-season cereal stocks are lower than forecast in March for wheat, barley and oats. Wheat stocks are put at 1.919 Mt, the lowest end-June level since 2023, while oats are at 87 Kt, the lowest since 2012/13.
Bioethanol restart at Ensus and higher feed use are cited as drivers.
Tighter UK supplies and rising domestic and bioethanol demand raise the likelihood of more imports and firmer prices for feed grain buyers in the UK and Europe.
ahdb.org.ukMay 28, 2026After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Not enough comparable past events yet for a historical read.
After 52 past bullish report events, Oats moved a median -2.0% over 5 sessions (33% higher; middle half -3.4% to +2.4%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
