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AMIS Market Monitor

last release: April 2019

Supply & Demand

2017/18

2018/19 

estimate

7 Mar

4 Apr

Production

341.7

361.5

360.6

Supply

398.7

402.6

401.6

Utilization

349.1

353.0

352.7

Trade

152.8

151.5

149.8

Ending Stocks

41.0

52.3

51.9

in million tonnes

  • Soybean 2018/19 production forecast lowered slightly, with reduced forecasts for Brazil and other South American countries offset in part by higher estimates elsewhere.
  • Utilization in 2018/19 virtually unchanged m/m, as fresh downward revisions for China and other countries in Asia were mostly compensated by upward corrections in India.
  • Trade in 2018/19 trimmed further, tied to lower-than-earlier anticipated demand in China and other countries in Asia.
  • Stocks (2018/19 carry-out) scaled down for the third consecutive month, with lower forecasts for Argentina and the US only partly offset by upward revisions for Brazil.