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SA crop estimates to drop, analysts say

04/08/2013 @ 7:56am

The following are analysts' estimates in millions of metric tons for Argentina and Brazil soybean and corn production in the 2012-13 marketing year, as compiled by Dow Jones Newswires.

The U.S. Department of Agriculture is scheduled to release its world supply and demand report at noon EDT (1600 GMT) Wednesday. Parentheses denote the number of estimates in that average and range.

March  2011/12 
                Average   Range      USDA   Output 
Argentina 
Corn (18)       25.7    25.0-26.5    26.5   21.0 
Soybeans (18)   50.6    49.0-52.0    51.5   40.1 
 
Brazil 
Corn (18)       72.9    71.95-75.0   72.5   73.0 
Soybeans (18)   82.8    81.0-83.7    83.5   66.5 
 
 
                             Argentina        Brazil 
                             Corn   Soy     Corn   Soy 
ABN Amro                     26.0   51.0    73.0   83.0 
ADM Investor Services        25.5   49.5    72.0   81.0 
AgriVisor                    25.5   49.5    74.0   83.0 
Allendale                    26.0   51.0    72.5   83.5 
Alpari                       25.9   50.8    72.2   83.2 
Citigroup                    26.0   51.6    73.26  83.7 
Doane Advisory Services      26.0   50.0    72.5   82.5 
Farm Futures                 25.5   51.5    75.0   82.5 
Futures International        25.0   49.5    72.5   82.5 
*Informa                     25.3   52.0    71.95  83.25 
Jefferies Bache              26.0   50.5    73.5   82.5 
Kropf and Love               25.5   50.0    72.0   83.0 
Newedge USA                  25.5   49.0    72.5   83.0 
Olympus Futures              25.5   50.0    72.5   81.5 
Prime Ag Consultants         26.5   51.5    75.0   83.5 
Rice Dairy                   25.5   50.5    72.5   82.5 
US Commodities               26.5   51.5    72.8   83.6 
Water Street Solutions       25.5   50.75   72.5   83.0 
 
*From traders

(Ian Berry contributed to this article.)

-Write to Owen Fletcher at owen.fletcher@dowjones.com

(END) Dow Jones Newswires

April 08, 2013 07:36 ET (11:36 GMT)

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

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