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Market Monitor July 2018

05 Jul 2018

This month's edition of the AMIS Market Monitor focuses on the rising trade tensions between the United States and several of its main trading partners, especially China. According to the report, these tensions have introduced considerable uncertainty in global commodities markets. World soybean and soymeal prices plunged in expectation of retaliatory tariffs of China on imports of US soybeans, with strong spillover effects on other agricultural commodities, including AMIS crops. In addition, supply and demand fundemantals for wheat and maize continue to point to much tighter markets in 2018/19.