Has He Been Yet?

Posted by Nogger - a legend in his own mind at 09:50 | Categorized as

31/03/11 -- There's been more hype surrounding today's USDA figures than the arrival of Mr S Claus himself. The question is firstly, what has he got in his sack, and secondly how soon after he's been will we be bored with what we've got and yearning for something new?

Here's what the kids are expecting this year. First, from the quarterly stocks report:































Bln bu
Avg Est
Range
USDA Mar 10
USDA Dec Est
Wheat
1.399
1.275-1.488
1.356
1.928
Corn
6.690
6.552-6.880
7.694
10.040
Beans
1.299
1.266-1.366
1.270
2.277


And secondly from the planting intentions report:































Mln Acres
Avg Est
Range
USDA Outlook
USDA 2010
All Wheat
57.38
56.00-58.40
57.00
53.60
Corn
91.84
91.00-92.60
92.00
88.19
Beans
76.87
75.00-78.50
78.00
77.40