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AMIS Market Monitor

last release: February 2019

Supply & Demand

2017/18

2018/19 

estimate

1 Nov

6 Dec

Production

341.5

369.0

364.3

Supply

398.5

410.1

405.1

Utilization

349.7

354.7

354.8

Trade

154.0

154.8

154.0

Ending Stocks

40.8

55.3

53.7

in million tonnes

  • Soybean 2018/19 production forecast lowered slightly on unfavourable weather conditions affecting crops in parts of South America. 
  • Utilization in 2018/19 virtually unchanged as downward corrections for Argentina, India and several countries in Asia and Africa are offset by higher forecasts mostly for Brazil.
  • Trade in 2018/19 trimmed slightly, mainly reflecting a further downward revision in China’s import forecast.
  • Stocks (2018/19 carry-out) curtailed on lower forecasts for Argentina, Paraguay and China.