Trade estimates of US 2023 soy, corn crops in USDA stocks report
Sept 24 (Reuters) -The following are analysts' estimates for U.S. 2023 soybean and corn production in the U.S. Department of Agriculture's (USDA) September quarterly stocks report.
The USDA is scheduled to release the report at 12 p.m. EDT (1600 GMT) on Monday, Sept. 30.
The USDA typically revises its estimate of the prior year's soybean crop in its September stocks report, and in 2020 the government also began adjusting its estimate of the prior year's corn crop in the report.
NOTE: all figures are in billions of bushels:
2023 soybean production | 2023 corn production | |
Average trade estimate | 4.164 | 15.290 |
Highest trade estimate | 4.220 | 15.394 |
Lowest trade estimate | 4.145 | 14.880 |
USDA latest estimate | 4.165 | 15.342 |
ADM Investor Services | 4.165 | 15.342 |
Allendale Inc | 4.165 | 15.342 |
Brock Associates | 4.150 | 15.317 |
Brugler Marketing | 4.155 | 15.342 |
Doane Advisory Services | 4.145 | 15.342 |
Futures International | 4.220 | 14.880 |
Grain Service Corp | 4.165 | 15.342 |
LSEG Agriculture Research | 4.145 | 15.195 |
Marex Capital | 4.160 | 15.360 |
StoneX Group Inc | 4.157 | 15.394 |
Vantage RM | 4.165 | 15.342 |
Zaner Ag Hedge | 4.173 | 15.284 |
Reporting by Anmol Choubey in Bengaluru; Editing by David Gregorio
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