In August, wheat and rice export prices dropped to their lowest levels in years, largely due to abundant global supplies and weak demand. Meanwhile, maize and soybean prices found support from higher export premiums and robust international buying interest. Vegetable oil prices remained strong, because of increased palm oil quotes driven by steady global import needs. Nitrogen fertilizer prices climbed, especially with strong demand from India during what is usually a quiet season, while prices for phosphorus and potassium fertilizers stayed mostly steady. However, fertilizer is becoming less affordable compared to crop prices in many regions, which could lead farmers to adjust their application rates. Although the outlook for AMIS commodities remains generally positive, ongoing uncertainties in trade and biofuel policies continue to pose risks for market participants.