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USDA wheat estimate to rise, analysts say

09/26/2013 @ 5:37am

The following are analysts' estimates in billions of bushels for 2013-14 wheat production, as compiled by Dow Jones Newswires.

The U.S. Department of Agriculture is scheduled to release updated wheat production forecasts in its small grains summary at noon EDT (1600 GMT) Monday.

                               Average    September 

                   Estimate     Range     USDA 

   All Wheat       2.121     2.095-2.137  2.114 

   Hard Red Winter 0.792     0.782-0.805  0.791 

   Soft Red Winter 0.545     0.542-0.555  0.542 

   White Winter    0.215     0.205-0.250  0.246 

   Other Spring    0.509     0.465-0.530  0.475 

   Durum           0.060     0.056-0.063  0.060 

                             All    Hard-Red  Soft-Red  White   Other   Durum 

                             Wheat  Winter    Winter    Winter  Spring  Wheat 

   Advanced Market Concepts  2.134  0.798     0.544     0.211   0.520   0.060 

   Agrivisor                 2.109  0.782     0.545     0.207   0.515   0.060 

   Allendale                 2.118  0.788     0.544     0.210   0.515   0.061 

   Daniels Trading           2.131  0.805     0.555     0.250   0.465   0.056 

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