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AMIS Market Monitor

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last release: July 2017

Supply & Demand

 

From previous month forecast

From previous season

Wheat

Maize

Rice

Soybeans

 Easing

 Neutral

 Tightening

Although deteriorating crop conditions in the US and the EU have sustained significant increases in international wheat prices in recent weeks, world wheat supplies are expected to remain adequate in 2017/18, with stocks projected to end the season above their already high opening levels. Global maize markets are also seen well supplied, given record harvests in the southern hemisphere, while overall prospects for rice and soybeans remain favourable as well. Notwithstanding this generally positive outlook for AMIS crops in 2017/18, much will still depend on weather conditions, especially during the critical summer months in the northern hemisphere.