Download the Monitor

AMIS Market Monitor

last release: July 2017

Supply & Demand

2016/17

2017/18 forecast

estimate

8 June

6 July

Production

349.6

344.1

342.4

Supply

394.2

394.3

398.1

Utilization

334.6

350.2

346.3

Trade

144.6

146.6

149.0 

Ending Stocks

55.6

45.2

51.5

in million tonnes

  • Soybean 2017/18 production forecast lowered slightly, reflecting downward corrections for Brazil, India and Canada. Despite a drop of 2.1 percent from 2016/17, global output would be the second-highest on record.
  • Utilization projected to expand by 3.5 percent in 2017/18, with countries in Asia (led by China) and the US driving growth.
  • Trade forecast for 2017/18 revised upwards, now anticipated to post a 3.3 percent increase from 2016/17.
  • Stocks (2017/18 carry-out) projected to contract some 4 million tonnes from the 2016/17 all-time high. The largest reductions are expected in Argentina and Brazil.