Traders Prepare for Small Grains Summary, Grain Stocks Reports

Reports to be released on Friday, Sept. 28, at 7:30 a.m. CT.

Following are pre-report trade expectations of USDA’s Small Grains Summary. USDA will release the report on Friday, Sept. 28, at 7:30 a.m., CT.

Small Grains

Avg.

Range

USDA Aug.

2011

in billion bushels

All wheat

2.270

2.247-2.286

2.268

1.999

All winter wheat

1.677

1.655-1.694

1.683

1.494

HRW

1.009

1.000-1.018

1.012

0.780

SRW

0.432

0.420-0.439

0.435

0.458

White winter

0.235

0.228-0.238

0.236

0.256

Other spring

0.507

0.485-0.529

0.500

0.455

Durum

0.086

0.081-0.090

0.086

0.050

Following are pre-report trade expectations ahead of USDA’s Quarterly Grain Stocks Report. USDA will release the report on Friday, Sept. 28, at 7:30 a.m., CT.

Grain Stock Expectations

Avg.

Range

June 1, 2012

Sept. 1, 2011

in billion bushels

Corn

1.126

0.887-1.261

3.149

1.128

Soybeans

0.132

0.115-0.152

0.667

0.215

Wheat

2.281

2.159-2.533

0.743

2.147

* Expectations compiled by Dow Jones Newswire.


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