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Survey: corn, soy stocks to drop

06/07/2012 @ 10:39am

The following are analysts' estimates in billions of bushels for 2011-12 and 2012-13 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires.

The U.S. Department of Agriculture is scheduled to release updated supply and demand tables at 8:30 a.m. EDT (1230 GMT) Tuesday. Parentheses denote the number of estimates in that average and range.

2011-12 
                                       May 
                                       2011-12 2010-11 
                 Average     Range     USDA    USDA 
Corn (18)          0.828  0.688-0.901  0.851   1.128 
Soybeans (18)      0.197  0.170-0.218  0.210   0.215 
Wheat (16)         0.757  0.727-0.775  0.768   0.862 
 
                        Corn  Soybeans Wheat 
ABN Amro                0.900 0.200    0.750 
ADM Investor Services   0.851 0.180    0.773 
Agrisource              0.810 0.195    0.768 
Allendale               0.827 0.190    0.755 
Citigroup               0.801 0.205    0.768 
Doane Advisory Srvcs    0.801 0.195    0.768 
Farm Futures            0.688 0.181    0.727 
Global Comm Analytics   0.765 0.218    0.775 
Jefferies Bache         0.901 0.200    0.743 
Kropf and Love          0.851 0.200    0.768 
MID-CO                  0.835 0.202    0.762 
Newedge USA             0.826 0.170    0.746 
P.F.G. Best             0.851 0.200    0.755 
Prime Ag Consultants    0.815 0.210    0.768 
Rice Dairy              0.851 0.190    0.743 
Risk Management Comm    0.850 0.207     n/a 
RJ O'Brien              0.798 0.205    0.738 
US Commodities          0.876 0.200     n/a 
 
 
2012-13 
                                     May 
                                     2012-13 
                 Average    Range    USDA 
Corn (18)         1.740  1.223-1.950 1.881 
Soybeans (18)     0.147  0.112-0.211 0.145 
Wheat (16)        0.728  0.653-0.772 0.735 
 
                         Corn  Soybeans Wheat 
ABN Amro                 1.950 0.150    0.725 
ADM Investor Services    1.600 0.122    0.734 
Agrisource               1.800 0.145    0.735 
Allendale                1.920 0.112    0.772 
Citigroup                1.806 0.140    0.700 
Doane Advisory Srvcs     1.831 0.145    0.729 
Farm Futures             1.669 0.138    0.716 
Global Comm Analytics    1.223 0.211    0.747 
Jefferies Bache          1.881 0.135    0.653 
Kropf and Love           1.703 0.145    0.710 
MID-CO                   1.809 0.140    0.730 
Newedge USA              1.800 0.145    0.772 
P.F.G. Best              1.825 0.140    0.730 
Prime Ag Consultants     1.792 0.210    0.768 
Rice Dairy               1.701 0.130    0.660 
Risk Management          1.248 0.142     n/a 
RJ O'Brien               1.848 0.154    0.763 
US Commodities           1.916 0.135     n/a

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

(END) Dow Jones Newswires

June 07, 2012 08:30 ET (12:30 GMT)

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