Trade Readies for May 2013 USDA Reports

May 9, 2013 08:35 AM
 

 

Following are pre-report trade expectations ahead of the May 10 USDA Supply and Demand Report.

 

2012-13 carryover

Avg.

Range

USDA April

2011-12

in billion bushels

Corn

0.754

0.684-0.802

0.757

0.989

Soybeans

0.124

0.107-0.130

0.125

0.169

Wheat

0.731

0.681-0.747

0.731

0.743

 

2013-14 carryover

Avg.

Range

in billion bushels

Corn

1.973

1.387-2.427

Soybeans

0.239

0.147-0.347

Wheat

0.627

0.486-0.726

 

2013 wheat production

Avg.

Range

USDA 2012

in billion bushels

All wheat

2.059

1.832-2.165

2.269

All winter

1.477

1.359-1.555

1.645

HRW

0.765

0.676-0.834

1.004

SRW

0.496

0.473-0.524

0.420

White winter

0.217

0.204-0.226

0.222

 

Pre-report expectations compiled by Dow Jones newswire.


 

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