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USDA to drop stocks, analysts say

03/04/2013 @ 1:44pm

The following are analysts' estimates in millions of metric tons for 2012-13 world grain and soybean ending stocks, as compiled by Dow Jones Newswires.

The U.S. Department of Agriculture is scheduled to release its world supply-and-demand report at noon EST (1700 GMT) Friday. Parentheses denote the number of estimates in that average and range.

                                                                    Feb

                                                                    2012-13 2011-12

                     Average      Range      USDA     USDA 
   Corn (10)        117.87   116.00-120.00  118.04   131.01 
   Soybeans (11)     59.58    58.00-60.60    60.12    55.25 
   Wheat (11)       176.69   174.50-179.00  176.73   196.54 
                             Corn    Soybeans Wheat 
   ADM Investor Services     120.00  60.00    178.00 
   Agrivisor                 116.50  60.00    176.00 
   Allendale                 117.98  59.22    177.12 
   Alpari                    118.50  60.20    177.00 
   Doane Advisory Services     n/a   59.00    175.23 
   Farm Futures              116.00  58.00    174.50 
   Futures International     116.50  60.60    176.20 
   Jefferies Bache           119.00  59.50    178.00 
   Kropf and Love            117.04  59.12    176.73 
   Prime Ag Consultants      119.00  60.00    179.00 
   Water Street Solutions    118.20  59.70    175.80

-Write to Andrew Johnson Jr. at andrew.johnsonjr@dowjones.com

(END) Dow Jones Newswires

March 04, 2013 14:12 ET (19:12 GMT)

DJ SURVEY: March World Grain, Soybean Carryout->copyright

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