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AMIS Market Monitor

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last release: July 2020

Supply & Demand

 

From previous month forecast

From previous season

Wheat

Maize

Rice

Soybeans

 Easing

 Neutral

 Tightening


Despite a major production setback in the EU, global wheat output in 2020 is forecast to remain close to last year’s above-average level while world maize production is heading to a record, leading to a sharp increase in maize inventories. With rice production also bound for a record and soybeans making a strong recovery, prospects for all four AMIS crops indicate a generally comfortable global supply situation. However, in many parts of the world, local markets brace for the looming impacts of COVID-19, amid uncertainties related to demand, logistics and even access to food.