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AMIS Market Monitor

last release: Feb 2018

Supply & Demand

2016/17

2017/18 

estimate

7 Dec

1 Feb

Production

1,040.4

1,075.3 

1,083.0 

Supply

1,270.9

1,312.7 

1,318.7 

Utilization

1,035.5 

1,061.8 

1,065.9 

Trade

139.8 

143.0 

143.0 

Ending Stocks

235.7

245.2 

248.2 

in million tonnes

  • Maize 2017 production raised significantly on upward revisions in China, the EU and Mexico.
  • Utilization in 2017/18 scaled up, supported by higher-than-earlier anticipated feed and industrial use in the EU and Mexico.
  • Trade in 2017/18 (July/June) to expand by 3.5 percent, mostly on stronger import demand by Egypt and several countries in Asia.
  • Stocks (ending in 2018) increased, with larger inventories in Brazil and China more than offsetting drawdowns in Mexico and Ukraine.