Download the Monitor

AMIS Market Monitor

last release: Sep 2017

Supply & Demand

2016/17

2017/18 forecast

estimate

6 Jul

7 Sep

Production

760.3

739.9

748.8

Supply

981.7

987.0

996.0

Utilization

731.8

727.7

730.9

Trade

175.8

171.8

174.7

Ending Stocks

247.3

255.8

261.9

in million tonnes

  • Wheat production in 2017 raised by almost 9 million tonnes, reflecting this month’s significant upward revisions mostly in the Russian Federation.
  • Utilization in 2017/18 to approach the 2016/17 estimated record level as large global supplies stimulate food consumption.
  • Trade forecast in 2017/18 (July/June) lifted by almost 3 million tonnes on stronger import demand particularly in Brazil and India.
  • Stocks (ending in 2018) to hit an all-time high with the latest forecast 6 million tonnes higher than in July on expectation of bigger inventories in the Russian Federation.