Following are pre-report trade expectations ahead of the April 10 USDA Supply and Demand Report, to be released at 7:30 a.m. CT:
|
2011-12 carryover
|
Avg.
|
Range
|
USDA March
|
2010-11
|
|
in billion bushels
|
|
Corn
|
0.717
|
0.626-0.801
|
0.801
|
1.128
|
|
Soybeans
|
0.246
|
0.225-0.275
|
0.275
|
0.215
|
|
Wheat
|
0.796
|
0.740-0.825
|
0.825
|
0.862
|
Pre-report expectations compiled by Dow Jones newswire.
Juli says: After the March 30 Quarterly Grain Stocks Report showed March 1 corn, soybean and wheat stocks lower than expected, traders look for USDA to trim its 2011-12 carryover estimates.
See Comments
