With the Olympics, the demand for barley increases in the malting sector

Published 2024년 1월 30일

Tridge summary

FranceAgriMer predicts a significant increase in the use of barley in the French malting sector for the 2023/24 campaign, up to 340,000 t from an average of 261,000 t over the previous three seasons. This surge is expected due to the upcoming Olympic Games stimulating domestic use. However, a decline in French malt exports to the lowest level since 2009/10 is anticipated. The Olympics are not expected to impact the demand for flour milling, which may even decrease.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The French malting sector should use 340,000 t of barley in the 2023/24 campaign, compared to around 261,000 t on average over the three previous seasons, estimates FranceAgriMer. “The upward revision of the malting item is linked to the approach of the Olympic Games, which should stimulate domestic uses, to the detriment of malt exports,” explained Adèle Dridi, in charge of economic studies within the Grains and sugar unit of the establishment. French malt exports would actually fall to 1.32 Mt in 2023/24, their lowest level since the 2009/10 campaign. The Olympic and Paralympic Games will support the demand for malting in this campaign, can we expect the same phenomenon from the milling industry? No, a priori: "for the moment, we see no impact of the Olympics on implementations, on the contrary, demand is rather decreasing", notes Adèle Dridi, who does not exclude that flour ...
Source: TerreNet

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