Traders Prepare for USDA October Reports

October 10, 2012 02:01 AM
 

Following are pre-report trade expectations ahead of the October 11 USDA Supply and Demand and Crop Production Reports, to be released at 7:30 a.m. CT.

2012-13 carryover

Avg.

Range

USDA Sept.

2011-12

in billion bushels

Corn

0.645

0.454-0.815

0.733

0.988

Soybeans

0.134

0.095-0.203

0.115

0.169

Wheat

0.627

0.550-0.714

0.698

0.743

Note: 2011-12 corn and soybean carryover was set by USDA's September Grain Stocks Report.

Crop Production

Avg.

Range

USDA Sept.

2011

in billion bushels

Corn

10.598

9.954-11.194

10.727

12.358

Soybeans

2.770

2.600-2.903

2.634

3.056

Pre-report expectations compiled by Dow Jones newswire.


 

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