USDA WASDE Report Expectations

Posted by Nogger - a legend in his own mind at 12:03 | Categorized as

Those lovable scamps at the USDA are out with their July Supply & Demand report Friday, doubtless they've been working furiously to bring us the most accurate data possible. Here's a note of what the trade are expecting:

                  USDA Jun   Trade Range   Avg Est.
All wheat          2.106     2.076-2.167    2.107
Winter wheat       1.492     1.484-1.544    1.521
Spring wheat                 0.468-0.546    0.505
Durum                        0.082-0.088    0.085
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08/09 US End Stocks   
Corn               1.600     1.600-1.850    1.692
Beans              0.110     0.086-0.130    0.107
Wheat              0.669     
-----------------------------------------------------
09/10 US End Stocks
Corn               1.090     1.290-1.828    1.567
Beans              0.210     0.115-0.384    0.229
Wheat              0.647     0.589-0.776    0.693