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World crop estimates seen falling

02/06/2012 @ 2:02pm

The following are analysts' estimates in millions of metric tons for Argentina and Brazil soybean and corn production, as compiled by Dow Jones Newswires.

The U.S. Department of Agriculture is scheduled to release its world supply and demand report at 8:30 a.m. EST (1330 GMT) Thursday. Parentheses denote the number of estimates in that average and range.

                                 Jan   2010/11 
              Average   Range    USDA  Output 
Argentina 
Corn (14)     22.5    20.0-24.5  26.0  22.5 
Soybeans (14) 48.5    46.0-50.0  50.5  49.0 
 
Brazil 
Corn (13)     59.8    58.5-61.0  61.0  57.5 
Soybeans (14) 71.7    70.0-73.5  74.0  75.5 
 
 
                        Argentina      Brazil 
                        Corn  Soy    Corn   Soy 
ABN Amro                23.0  50.0   60.0   72.0 
Allendale               23.0  49.0   60.0   72.0 
Citigroup               23.0  47.7   60.0   71.3 
Doane Advisory Srvcs    21.0  47.0    n/a   71.0 
Farm Futures            21.5  49.5   58.5   72.0 
Global Comm Analytics   22.0  49.5   59.0   71.5 
*Informa                22.5  46.5   61.0   70.0 
Jefferies Bache         22.0  48.0   59.0   71.0 
Kropf and Love          24.0  49.0   60.0   73.0 
N America Risk Mang     22.5  49.0   60.0   72.0 
Newedge USA             20.0  46.0   59.0   70.0 
P.F.G. Best             24.5  50.0   59.5   73.5 
Prime Ag Consultants    24.0  49.5   60.0   73.0 
US Commodities          22.0  48.0   61.0   72.0

*From traders

-By Andrew Johnson Jr. and Ian Berry; Dow Jones Newswires; 312-347-4604; andrew.johnsonjr@dowjones.com

(END) Dow Jones Newswires

February 06, 2012 13:33 ET (18:33 GMT)

DJ SURVEY: Feb Argentina, Brazil Corn, Soybean Production->copyright

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