Number 8, May 2013

AMIS Crops: world supply-demand balances in 2012/13

World cereal supply situation is expected to improve in 2013/14 on higher production and larger than previously projected stocks. However, unfavorable weather is causing some delays in maize plantings in the US and undermining wheat growing conditions in the US and parts of Europe. The forecast for soybean production in 2012/13 remains unchanged, with South America leading a marked increase from the previous season.

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