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marketeye
Veteran Advisor

June 11 USDA Report Preview

Supply & Demand, to be RELEASED ON 06/11/14
 
PRODUCTION           13/14    14/15     14/15
In million bushels   USDA     USDA   Allendale
Corn                        13925    13935    13781
Soybeans                3289     3635      3639
All Wheat                 2130     1963      2025
Other Spring              534                480
Durum                          62                 70
Winter                     1534     1403      1426
 HRW                       744      746       754
 SRW                       565      447       455
 WW                         225      209       217
 
US ENDING STOCKS           USDA       ALDL        USDA     ALDL
in million bushels                      13/14     13/14       14/15     14/15
US Corn                                      1146      1181        1726     1608
US Beans                                       130       119         330      364
US Wheat                                      583       584         540      564
 
WORLD ENDING STOCKS         USDA      ALDL       USDA       ALDL
in million metric tonnes                   13/14     13/14       14/15     14/15
World Corn                                   168.42    169.12      181.73    179.66
World Soybeans                            66.98     66.02       82.23     82.46
World Wheat                                186.53    181.55      187.42    186.21

 

What is your best guess? And, what do you think about these pre-report estimates from Allendale Inc.

 

Mike

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