More farmers using locally grown wheat as feed
U.K. corn imports are forecast to drop 11% in the 2011-2012 season, to 904,000 metric tons from 1.02 million metric tons, as farmers use less corn for animal feed and more locally grown wheat, according to the Home-Grown Cereals Authority.
Feed use of wheat will rise 4.9% to 6.45 million metric tons, according to HGCA data. That may cut wheat availability by 61,000 metric tons to 17.85 million metric tons even as U.K. production rose 3.3% to 15.4 million metric tons. The U.K. wheat surplus available for either export or to build stocks will drop to 2.72 million metric tons from 2.83 million metric tons in 2010-2011, according to the HGCA.