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AMIS Market Monitor

last release: February 2019

Supply & Demand

2017/18

2018/19 

estimate

6 Dec

7 Feb

Production

1094.2

1068.4

1080.5

Supply

1394.2

1379.5

1393.3

Utilization

1071.4

1107.9

1114.0

Trade

152.7

157.2

158.9

Ending Stocks

312.8

267.5

274.7

in million tonnes

  • Maize production in 2018 raised significantly following upward revisions in the EU, Nigeria, the Russian Federation and Ukraine.
  • Utilization in 2018/19 scaled up, supported by higher-than-earlier anticipated feed use in the EU and in the Russian Federation. 
  • Trade in 2018/19 (July/June) set to expand, fueled by stronger import demand by the EU. 
  • Stocks (ending in 2019) lifted on expectation of larger inventories in Argentina, the EU, Nigeria and the US.