Trade estimates for USDA December world crop end-stocks
The following are analysts’ estimates ahead of the December crop supply/demand report from the U.S. Department of Agriculture (USDA), which will estimate 2023-24 global ending stocks for wheat, corn and soybeans.
The USDA is scheduled to release the report on Friday, Dec. 8, at 12 p.m. EST (1700 GMT).
Reuters surveys analysts for their expectations of what the USDA will report as well as for the analysts’ own estimates. Reuters publishes these sets of numbers separately.
The marketing year for wheat begins June 1 and ends on May 31. For corn and soybeans, the marketing year begins Sept. 1 and ends Aug. 31.
Source: Reuters (Reporting by Daksh Grover in Bengaluru)