Traders Prepare for USDA 2013 June Reports

June 11, 2013 03:28 AM
 

Following are pre-report trade expectations ahead of the June 12 USDA Supply and Demand and Crop Production Reports. Reports will be released at 11:00 a.m. CT:

 

2012-13 carryover

Avg.

Range

USDA May

2011-12

in billion bushels

Corn

0.748

0.700-0.789

0.759

0.989

Soybeans

0.125

0.119-0.130

0.125

0.169

Wheat

0.734

0.725-0.751

0.731

0.743

 

2013-14 carryover

Avg.

Range

May

in billion bushels

Corn

1.758

1.274-1.994

2.004

Soybeans

0.273

0.185-0.339

0.265

Wheat

0.634

0.501-0.686

0.670

 

Wheat Production

Avg.

Range

May

2012

in billion bushels

All wheat

2.026

1.872-2.082

2.057

2.269

All winter

1.457

1.401-1.503

1.486

1.645

HRW

0.743

0.676-0.789

0.768

1.004

SRW

0.506

0.492-0.517

0.501

0.420

White winter

0.208

0.200-0.217

0.217

0.222

Pre-report expectations compiled by Dow Jones newswire.


 

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