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AMIS Market Monitor

last release: April 2018

Supply & Demand

2016/17

2017/18 

estimate

1 Mar

5 Apr

Production

1046.4

1084.4

1087.0

Supply

1283.0

1327.3

1328.0

Utilization

1039.7

1069.3

1072.2

Trade

139.9

144.4

145.5

Ending Stocks

241.0

252.9

247.2

in million tonnes

  • Maize production in 2017 raised further since last month, mostly on a significant upward revision in the EU. 
  • Utilization in 2017/18 increased, taking into account higher feed use, particularly in the EU and South America.
  • Trade in 2017/18 (July/June) even more robust than projected earlier on stronger import prospects for the EU, Turkey and several Asian countries.
  • Stocks (ending in 2018) adjusted downwards but still at a record; the revision mostly reflects higher drawdowns in the Republic of Korea and the US.