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Corn, soybean stocks seen falling

06/26/2012 @ 7:24am

The following are analysts' estimates in billions of bushels for U.S. grain and soybean stocks as of June. 1, 2012, as compiled by Dow Jones. The U.S. Department of Agriculture is scheduled to release its report at 8:30 a.m. EDT (1230 GMT) Friday. Parentheses denote the number of estimates in that average and range.

2012                               March 1   2011 June 1 
                                   USDA      USDA 
              Average     Range    Stocks    Stocks 
Corn (14)     3.182   2.982-3.500  6.009     3.670 
Soybeans(14)  0.640   0.595-0.662  1.372     0.619 
Wheat(14)     0.726   0.705-0.748  1.201     0.862 
 
 
                          Corn  Soybeans Wheat 
ABN Amro                  3.500 0.595    0.710 
ADM Investor Services     3.065 0.650    0.705 
Agrisource                3.100 0.645    0.740 
Agrivisor                 3.150 0.660    0.720 
Allendale                 3.128 0.662    0.711 
Citigroup                 3.159 0.641    0.719 
Doane Advisory Services   3.247 0.650    0.723 
Farm Futures              2.982 0.645    0.743 
Jefferies Bache           3.196 0.647    0.744 
Kropf/Love Consulting     3.075 0.635    0.735 
Newedge USA               3.070 0.648    0.731 
Prime Ag                  3.450 0.600    0.728 
Rice Dairy                3.209 0.650    0.709 
RJ O'Brien                3.217 0.633    0.748 
 
-Write to Andrew Johnson Jr. at andrew.johnsonjr@dowjones.com

(END) Dow Jones Newswires

June 26, 2012 08:00 ET (12:00 GMT)

DJ SURVEY: Forecasts For US June 1 Grain Stocks Report->copyright

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