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Survey: U.S. wheat output to fall

06/07/2012 @ 10:49am

The following are analysts' estimates in billions of bushels for 2012 U.S. winter wheat production based on conditions as of June 1, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to release updated wheat production at 8:30 a.m. EDT Tuesday. Parentheses denote the number of estimates in that average and range.

                                             May 
                      Average     Range      USDA      2011 
                                             Estimate  Output 
All Wheat (13)         2.222   2.112-2.310   2.245     1.999 
All Winter (12)        1.650   1.595-1.689   1.694     1.494 
Hard Red Winter (12)   0.996   0.957-1.027   1.032     0.780 
Soft Red Winter (12)   0.422   0.400-0.450   0.428     0.458 
White Winter (12)      0.231   0.219-0.236   0.233     0.256 
 
 
                             All    All     HRW   SRW    White 
                             Wheat  Winter               Winter 
ABN Amro                     2.225  1.675  1.025  0.415  0.235 
ADM Investor Services        2.300  1.675  1.015  0.425  0.235 
Allendale                    2.177  1.613  0.980  0.414  0.219 
Citigroup                    2.211  1.660  0.983  0.450  0.226 
Doane Advisory Service       2.239  1.689  1.027  0.428  0.233 
Farm Futures                 2.234  1.595  0.966  0.400  0.229 
Globl Cmd Analytics          2.112   n/a    n/a    n/a    n/a 
*Informa                     2.310  1.676  1.014  0.426  0.236 
Jefferies Bache              2.158  1.607  0.957  0.418  0.231 
Kropf/Love                   2.220  1.668  1.012  0.423  0.233 
Newedge                      2.241  1.622  0.966  0.423  0.233 
Rice Dairy                   2.195  1.644  0.994  0.420  0.230 
RJ O'Brien                   2.260  1.675  1.017  0.422  0.236

*From traders

-- 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)

DJ SURVEY: 2012 U.S. Wheat Production->copyright

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