The Market Monitor AMIS No. 98 May 2022 reports on the current state of global agricultural markets, focusing on wheat, maize, rice, and soybeans. The report highlights the ongoing spring planting season in the Northern Hemisphere, which is taking place amidst high commodity prices and high input costs. Early indications suggest that higher prices for soybeans and other oilseeds will encourage producers to increase plantings. For wheat, increased acreage in Canada may help fill some of the global deficit in supplies, but the outlook is less favorable for India and the United States due to tightness in global stocks and uncertainty caused by the conflict in Ukraine. The report also notes the increasing concern over export restrictions, which exacerbate price volatility and jeopardize global supplies. The Market Monitor is a product of the Agricultural Market Information System (AMIS), which provides a collective assessment of the market situation and outlook by ten international organizations and entities.
