STORY: TAKE WHEAT EASY: TRENDS & ADVICE FOR THE HARVEST 2024
At AIT ingredients, we conduct a comprehensive wheat quality survey to understand quality trends, but also to advice our customers.
We provide you insights from our global teams about the new harvest, such as:
- Wheat market trends
- Early-stage wheat & flour analysis
- Breadmaking trials with flour samples of our customers
- Correction advice from our experts
This 2024 harvest already provided us some key information:
Globally:
Global wheat production is rising everywhere, except in Europe. Global wheat consumption is also rising.
This year, the global carryover stock is 256.62 Mto, versus 260 Mto last year. This is the lowest since 2015-2016.
In Europe:
Europe suffered a very sharp deterioration in production, with wheat acreage down (poor sowing conditions), and toomuch rainfall throughout the growing season. Yields were therefore negatively impacted: 130 Mto vs 134 last year.
In France:
France has been the hardest hit by unfavorable weather conditions. Rain during harvest delayed work: yields weredown sharply in some regions, by as much as 20%. However, the milling quality of wheat seems to be preserved.
Market perspectives:
Production:
798(1) Mto globally (+1.1% vs 2023-2024)
26(2) Mto in France (-25% vs 2023-2024) Export wheat tonnageforecasts 2024-2025: 34(1) Mto in Europe
7.5(2) Mto in France (-25% vs 2023-2024)
(1): USDA, August 2024
(2): SNBI, August 2024
And in the bakery ?
We receive samples of flour from various regions in France and Europe, which able us to do trials in bakery. Thesetrials help us assess the flour's characteristics in dough and in the final baked products.
These perspectives help us to provide you the best advice to have a good and constant quality of your flour (and your products) throughout the year.
Which improver should you try? How to avoid problems during production? We are here to help you having the best products!
Do not hesitate to contact us: [email protected] if you have question, if you need advice or if you want to have all information and reports about our Wheat Quality Survey!
