USDA Acreage Report Expectations

Posted by Nogger - a legend in his own mind at 10:14 | Categorized as

Tomorrow at 13.30 BST we get the release of the USDA's June US acreage report, here's a summary of what is expected in million acres:

               Avg       Range        March      2008
Corn          84.158  82.474-86.000   84.986    85.982
Soybeans      78.305  75.300-79.631   76.024    75.718
Spring Wheat  13.102  12.826-13.404   13.304    14.135
All Wheat     58.337  57.600-58.800   58.638    63.147


Interesting that some are forecasting an increase in corn acres to as high as 86 million.

Nogger's estimates: corn 84 million, beans 77.5 million, spring wheat 13 million, all wheat 58 million.