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AMIS Market Monitor

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last release: March 2021

Supply & Demand

 

From previous month forecast

From previous season

Wheat

Maize

Rice

Soybeans

 Easing

 Neutral

 Tightening


Production forecasts for all AMIS crops have been scaled up since last month. However, continued brisk trade activity and strong demand have kept international prices generally elevated near their January highs. With maize production estimates for 2020/21 becoming firmer, the focus is shifting to wheat production prospects for the 2021/22 season. Early forecasts suggest a modest year-on-year increase in global wheat production, with a strong rebound in output in the EU and a possible record crop in India outweighing production drops in Australia and the Russian Federation.