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Current Marketing Thoughts

RSS By: Kevin Van Trump, AgWeb.com

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

Crop Production Report Estimates

Jun 12, 2013

Below are the latest trade guesses and estimates for the broader numbers that will be released today:  


US Ending Stocks 2012/13
 
June #
May USDA #
Avg Guess
Range of Guesses
Corn
???
0.759
0.759
0.684 - 0.919
Soybeans
???
0.125
0.121
0.080 - 0.140
Wheat
???
0.731
0.733
0.715 - 0.751


US Ending Stocks 2013/14

 
June #
May USDA #
Avg Guess
Range of Guesses
Corn
???
2.004
1.795
1.175 - 2.200
Soybeans
???
0.265
0.268
0.185 - 0.344
Wheat
???
0.670
0.640
0.501 - 0.713


Global Ending Stocks 2012/13

 
June #
May USDA #
Avg Guess
Range of Guesses
Corn
???
125.430
125.975
124.500 - 128.200
Soybeans
???
62.460
62.105
60.500 - 63.000
Wheat
???
180.170
180.395
179.800 - 181.395

Global Ending Stocks 2013/14
 
June #
May USDA #
Avg Guess
Range of Guesses
Corn
???
154.630
149.571
141.510 - 155.200
Soybeans
???
74.960
73.512
68.200 - 76.000
Wheat
???
186.380
185.144
179.800 - 188.500


US Wheat Production

 
June #
May USDA #
Avg Guess
Range of Guesses
All Wheat
???
2.057
2.034
1.872 - 2.109
All Winter
???
1.486
1.467
1.401 - 1.523
Hard Red Winter
???
0.768
0.752
0.676 - 0.815
Soft Red Winter
???
0.501
0.505
0.492 - 0.517
White Winter
???
0.217
0.210
0.200 - 0.217

 
 

To get my breakdown and the markets reaction on today's USDA report click the link below and I will send you my news wire.

 
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