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AMIS Market Monitor

last release: February 2019

Supply & Demand

2017/18

2018/19 

estimate

6 Dec

7 Feb

Production

760.3

725.1

728.4

Supply

1014.9

1001.9

1005.7

Utilization

737.0

739.6

742.6

Trade

176.3

172.5

171.8

Ending Stocks

277.3

264.5

266.9

in million tonnes

  • Wheat 2018 production forecast raised, but still well short of the 2017 record.
  • Utilization in 2018/19 lifted, largely on upward revisions to feed use in Australia.
  • Trade in 2018/19 (July/June) lowered slightly on reduced import prospects in Asia and in the EU.
  • Stocks (ending in 2019) higher than in the previous forecast, reflecting upward revisions in Canada and in the Russian Federation.