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AMIS Market Monitor

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last release: Sep 2017

Supply & Demand

 

From previous month forecast

From previous season

Wheat

Maize

Rice

Soybeans

 Easing

 Neutral

 Tightening

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.