Download the Monitor

AMIS Market Monitor

last release: July 2018

Supply & Demand

2017/18

2018/19 forecast

estimate

7 Jun

5 Jul

Production

337.9

358.3

359.6

Supply

390.5

397.8

396.3

Utilization

352.6

360.4

357.9

Trade

151.3

156.9

156.3

Ending Stocks

39.5

36.7

39.2

in million tonnes

  • Soybean production forecast for 2018/19 almost unchanged from last month, hence confirming a strong year-on-year increase fuelled by prospective production rebounds in Argentina, Paraguay and Uruguay.
  • Utilization adjusted downward, mostly reflecting lower than earlier anticipated forecasts for Brazil, where crushing is anticipated to drop from last season’s exceptionally high level.
  • Trade forecast lowered fractionally compared with last month, entailing slightly lower year-on-year growth.
  • Stocks (2018/19 carry-out) forecast raised significantly on upward revisions for the US, Brazil and Argentina.