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AMIS Market Monitor

last release: May 2017

International Prices


Average world maize export values were fractionally lower during April, with most key markets trading in a narrow range. Prices at the US Gulf dropped for a second successive month, weighed by heavy supplies and prospects for much stiffer export competition from South America in the second half of 2017. Overall losses were capped by speculation about possible Midwest seeding delays. Slow country movement contributed to advances in Argentina, where farmers were said to be prioritising the soybean harvest. Partly reflecting currency movements, old crop values in the Black Sea region remained firm.