At 403,000t, on-farm stocks of wheat at the end of June were the lowest for 12 years and accounted for just 3% of the crop.

In addition to stocks held on farm, merchants, co-ops and ports held 561,000t of home-grown wheat, a decrease of 6% on June 2011. Imported wheat stocks at 117,000t were at similar levels to those of June 2011.

On-farm barley stocks at the end of the 2011/12 season were 63,000t, similar to the low stocks of 56,000t in June 2011 and representing 2% of production. For both years stocks were equivalent to 2% of production.

Merchants, co-ops and ports had 310,000t of barley compared with 250,000t reported for June 2011. Although an increase on June 2011, stocks were lower than in 2009 and 2010, said DEFRA.

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