In France, semolina and pasta makers fear for a shortage of durum wheat

Published 2021년 8월 17일

Tridge summary

The durum wheat market is experiencing a historic shortage with a global production decline, leaving pasta manufacturers 2 million tonnes short of their required amount. This shortage is due to a drought in Canada, which accounts for two-thirds of the world trade in durum wheat, and rainy weather in Europe, reducing the quality and usability of the harvest. As a result, the world reference price for durum wheat has increased by over 30% in a short period, and the French pasta industry is calling on the State to implement an emergency plan to ensure their supply of French wheat and to pass on the increased cost to consumers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

"The market is experiencing a situation of historic tension and shortage of available durum wheat with world production in sharp decline and available usable for pasta manufacturers 2 million tonnes less than needed." In a press release, the French Committee for Industrial Semolina (CFSI) and the Syndicate of Industrial Manufacturers of Pasta of France (SIFPAF) are concerned about the situation surrounding the single raw material (with water) used in the composition of their fabrications. In the space of a few weeks, all indicators have turned red, under the combined effect of three critical factors, starting with the drought in Canada, which would impact a third (32%) compared to the last five seasons. However, Canada accounts for two-thirds of the world trade in durum wheat, according to the CFSI-SIFPAF. + 30% in a few weeks In Europe, the situation is no better, with an estimated production of 7.3 million tonnes while the need stands at 9.5 million tonnes. In France, it is the ...

Source: Pleinchamp