AMIS > Market monitor > Maize

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AMIS Market Monitor

last release: July 2022

Supply & Demand

2021/22

2022/23

estimate

2 Jun

7 Jul

Production

1210.0

1187.8

1195.3

Supply

1496.7

1491.5

1503.2

Utilization

1197.1

1189.7

1193.1

Trade

182.8

174.2

177.3

Ending Stocks

307.9

300.3

308.0

in million tonnes

  • Maize 2022 production forecast raised on improved prospects in China, India, Russia, and Ukraine, but still 1.2 percent lower than last year's output.
  • Utilization in 2022/23 lifted m/m by stronger than anticipated feed demand, but still set to decrease by 0.3 percent from 2021/22.
  • Trade in 2022/23 (July/June) forecast to contract from the 2021/22 estimated volume by 3.0 percent despite an upward revision this month largely driven by higher than expected demand by the EU, and larger shipments from Brazil.
  • Stocks (ending in 2023) now forecast to remain near opening levels following an upward revision this month mostly in China, stemming from production revisions, but also Ukraine and the US.