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Will USDA Print a 125 Million-Bushel Soybean Number?

05/06/2014 @ 3:17pm

The following are analysts' estimates in millions of bushels for U.S. grain and soybean ending stockpiles for both 2013-14 and 2014-15, as compiled by the Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated supply and demand tables at noon EST Friday.

U.S. Stockpiles Estimates For 2013-14 and 2014-15 
(in millions of bushels) 
 
U.S. 2013-14 Stockpiles 
                Average       Range         USDA April 
Corn            1,316      1,231-1,435        1,331 
Soybeans        132.2        125-146           135 
Wheat           586.2        570-633           583 
 
U.S. 2014-15 Stockpiles 
                Average       Range 
Corn            1,618      1,017-2,354 
Soybeans        299.5        200-418 
Wheat           540.2        425-619 
 
 
                   U.S. 2013-14 Stockpiles         U.S. 2014-15 Stockpiles 
                  Corn     Soybeans   Wheat       Corn     Soybeans   Wheat 
Agrisource       1,306       130       580       1,610       345       N/A 
Agrivisor        1,331       135       595       1,615       418       477 
Allendale Inc.   1,291       129       579       1,788       341       537 
Citigroup        1,313       134       583       1,675       285       617 
Daniels Trading  1,325       135       588       1,771       295       564 
Doane Advisory   1,306       125       583       1,739       325       545 
EDF Man Capital  1,331       135       583       1,750       250       600 
Farm Futures     1,246       135       600       1,295       235       525 
Futures Intl     1,231       130       583       1,750       260       553 
Global Commods   1,435       135       575       1,715       200       543 
Jefferies Bache  1,331       125       583       1,542       350       544 
Macquarie        1,429       139       570       2,354       323       619 
Newedge          1,306       130       633       1,675       350       602 
Northstar        1,300       129       583       1,436       325       425 
Rice Dairy       1,331       135       583       1,346       260       542 
Risk Management  1,332       125       N/A       1,017       218       N/A 
RJ O'Brien       1,233       126       584       1,376       238       543 
US Commodities   1,331       135       N/A       1,916       351       N/A 
Water Street     1,295       146       588       1,303       225       444 
Zaner Ag Hedge   1,316       130       578       1,679       395       504 
 
-Write to Tony C. Dreibus at tony.dreibus@wsj.com

(END) Dow Jones Newswires

May 06, 2014 15:36 ET (19:36 GMT)

DJ DJ SURVEY: May U.S. Grain, Soybean Stockpiles Estimates->copyright

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