Supply & Demand - Overview

last release: June 2021

 

From previous month forecast

From previous season

Wheat

Maize

n/a

Rice

n/a

Soybeans

n/a

 Easing

 Neutral

 Tightening


Despite an overall favourable production outlook, global supplies of AMIS crops could still prove vulnerable in 2021/22, in particular because of uncertainties relating to demand from the feed and industrial sectors. The month of May registered yet another increase in international prices of most food commodities, underpinned by brisk trade and a weaker dollar. The coming months will be critical for how food markets evolve. Global grain and soybean inventories could prove barely sufficient in case of a major production shortfall, while a speedier recovery in global economic activity could spur demand for these crops at a much faster rate than currently anticipated.