Investor Presentaiton
FY20 Malt outlook
Market fundamentals
⚫ 2019-20 global barley production projection
~154mmt (2018-19: 140mmt)(1).
US craft beer market (by sales volume) grew 4% in
2018(2).
• Scotch whisky industry is growing as consumers
demand higher value, single malt whiskies with
higher malt content.
• Demand for Mexican style beer remains robust.
GrainCorp Malt FY20 outlook
High capacity utilisation of malt plants.
Continued solid demand for base and specialty
malts, and other craft and distilling products /
ingredients.
• Continue to benefit from efficient warehousing and
distribution networks.
Expanded distribution network to support fulfillment
into more countries.
1.
2.
Source: United States Department of Agriculture 'World Agricultural Production' - September 2019.
Brewers Association (sourced November 2019).
GrainCorp
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