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Poll: USDA to lower SA crops

04/05/2012 @ 1:24pm

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. EDT (1230 GMT) Tuesday. Parentheses denote the number of estimates in that average and range.

                                                                                       March    2010/11

                 Average    Range    USDA  Output

Argentina

Corn (12)        21.5     20.5-22.0  22.0  23.8 

Soybeans (13)    45.3     44.0-46.2  46.5  49.0

Brazil

Corn (12)        61.8     60.0-64.0  62.0  57.5 

Soybeans (13)    67.0     66.5-68.1  68.5  75.5 

                             Argentina     Brazil 

                             Corn  Soy     Corn  Soy 

   ABN Amro                  22.0  46.0    64.0  68.0 

   Agrivisor                 21.2  45.5    62.0  66.7 

   Allendale                 21.5  46.0    61.0  67.0 

   Citigroup                 21.5  46.0    62.0  66.5 

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