Estimates For Monday’s USDA Report

USDA US quarterly stocks and prospective plantings report comes out on Monday at 11 am CST  

 

Estimates for 2014 US acreage

  • Corn (27 analysts surveyed) average estimate 92.748 MA , range of estimates are 90.5-94.0 MA. USDA outlook forum estimate was 92.0 MA. 2013 corn acreage was 95.365 MA
  • Beans (27 analysts surveyed) average estimate 81.075 MA, range of estimates are 78.5-83.6 MA. USDA outlook forum estimate was 79.5 MA. 2013 bean acreage was 76.533 MA
  • All wheat (25 analysts surveyed) average estimate 56.277 MA, range of estimates are 54.8-57.711 MA. USDA outlook forum estimate was 55.500 MA. 2013 all wheat acreage was 56.156 MA
  • Winter wheat (23 analysts surveyed) average estimate 42.157 MA, range of estimates are 41.8-44.0 MA. 2013 winter wheat acreage was 43.090 MA
  • Other spring wheat (23 analysts surveyed) average estimate 12.270 MA , range of estimates are 11.0-13.5 MA. 2013 other spring wheat acreage was 11.596 MA
  • Durum wheat (23 analysts surveyed) average estimate 1.794 MA , range of estimates 1.390 – 2.200 MA . 2013 durum wheat acreage was 1.470 MA

 

Estimates for US quarterly grain stocks

  • Wheat (19 analysts surveyed) average estimate 1.042 BB, range of estimates are .985-1.115 BB. Dec 1st 2013 US wheat stocks were 1.463 BB and March 1, 2013 stocks were 1.235 BB
  • Corn (21 analysts surveyed) average estimate 7.099 BB, range of estimates are 6.861 – 7.540 BB. Dec 1st 2013 US corn stocks were 10.426 BB and March 1st 2013 corn stocks were 5.4 BB
  • Beans (21 analysts surveyed) average estimate .989 BB, range of estimates are .955 – 1.087 BB. Dec 1st 2013 US bean stocks were 2.148 BB and March 1 2013 US bean stocks were .998 BB