Download the Monitor

AMIS Market Monitor

last release: Nov 2017

International Prices

The IGC GOI maize sub-Index dipped in October, for a ninth consecutive month, mostly on a comfortable nearby supply outlook. However, with losses in South America partly countered by modest gains elsewhere, overall prices were down only fractionally. The Brazilian market eased further, as exporters looked for buyers for a massive surplus. Export quotations in the US gained slightly, but there were few changes to the underlying fundamentals. New crop prices in the Black Sea region were lightly underpinned by disappointing yields from the ongoing harvests, with crops in Ukraine and Russia expected to be smaller y/y.