UK Wheat/Barley Balance Sheet 2011/12

Posted by Nogger - a legend in his own mind at 10:59 | Categorized as

13/10/11 -- The HGCA yesterday released their first ideas on the UK supply and demand balance sheet for 2011/12 here.

Barley demand from the feed sector is seen falling 14% whilst wheat demand there is seen increasing 7%.

In it they also peg Human and Industrial wheat usage 3% lower - that assumes that "the existing bioethanol plant will re‐start production by 2012 and includes additional distilling capacity due online in January."

I wouldn't want to stake too much money on that particular double paying out.