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AMIS Market Monitor

last release: October 2018

Supply & Demand

2017/18

2018/19 

estimate

6 Sep

4 Oct

Production

1092.8

1065.5

1066.4

Supply

1393.2

1374.7

1374.0

Utilization

1075.7

1105.6

1104.1

Trade

154.3

152.5

155.7

Ending Stocks

307.6

267.1

268.8

in million tonnes

  • Maize production forecast for 2018 lifted reflecting record yield prospects in the US.
  • Utilization in 2018/19 lowered slightly but still pointing to a modest expansion from 2017/18 driven by stronger demand for feed.
  • Trade in 2018/19 (July/June) raised, reflecting larger anticipated purchases by several countries; the export forecast for the US lifted.
  • Stocks (ending in 2019) increased, following upward adjustments for the EU and the US.