Supply and demand prospects continue to point to a generally comfortable market situation for all AMIS crops in 2017/18. With the latest production forecasts indicating higher global outputs than earlier anticipated, especially for wheat, and large carryovers from the previous season, total supply in 2017/18 is likely to prove more than sufficient to meet projected demand. Indeed, ending wheat stocks are expected to hit a new high while maize inventories would only fall marginally below their already record opening levels. Rice and soybean markets would also remain well supplied if current production forecasts materialize.