Download the Monitor

AMIS Market Monitor

last release: Sep 2017

Supply & Demand

2016/17

2017/18 forecast

estimate

6 July

7 Sep

Production

1039.7

1057.9

1062.9

Supply

1263.4

1289.4

1298.0

Utilization

1032.4

1055.4

1057.2

Trade

132.2

140.0

144.3

Ending Stocks

235.1

225.7

233.3

in million tonnes

  • Maize production in 2017 set to reach a new high at nearly 1 063 million tonnes, 5 million tonnes higher than in July reflecting larger outputs in Latin America and the CIS.
  • Utilization to expand by 1.3 percent in 2017/18 mostly driven by a 2.6 percent y/y growth in feed use.
  • Trade in 2017/18 (July/June) heading towards a 5 percent expansion with the latest forecast 4 million tonnes higher than in July on larger imports by China, the EU and Mexico.
  • Stocks forecast (ending in 2018) raised by 7.6 million tonnes mostly on higher-than-earlier anticipated build-ups in Brazil.