Trade Readies for S&D Report

Posted by Nogger - a legend in his own mind at 12:20 | Categorized as ,

The following are the pre-report trade expectations ahead of tomorrows USDA's S&D Report. USDA will release the report on Friday, May 9, at 13:30 p.m., BST.

2007-08 Carryout
               Avg         Range         Apr USDA       2006-07
Corn          1.320      1.240-1.434      1.283          1.304
Soybeans      0.152      0.130-0.160      0.160          0.574
Wheat         0.243      0.232-0.257      0.242          0.456

2008-09 Carryout
               Avg         Range         2007-08
Corn          0.707      0.481-1.114      1.283
Soybeans      0.273      0.481-1.114      0.160
Wheat         0.424      0.280-0.501      0.242

Estimates in billion bushels.