Release of first AMIS forecasts for 2017/18
The latest edition of the AMIS Market Monitor sees continued stability in global food markets. Based on the first AMIS projections for the 2017/18 marketing season, the supply and demand situation for wheat, maize and rice looks comfortable. According to the report, carryover stocks will be large enough to provide a sufficient buffer for any unexpected production shortfalls.
The report also presents the latest update for the ongoing 2016/17 soybean season. Indications here point to larger supplies than earlier expected with global demand expanding at a regular pace.