Trade estimates for USDA November US corn, soy production
Nov 4 (Reuters) -The following are analysts' estimates ahead of the November crop supply/demand report from the U.S. Department of Agriculture, which will include figures for 2024-25 U.S. corn and soybean production.
The USDA is scheduled to release the report on Friday, Nov. 8, at 12 p.m. EST (1700 GMT).
Reuters surveys analysts for their expectations of what the USDA will report and for the analysts' own estimates. Reuters publishes these sets of numbers separately.
NOTE: Production figures are in billions of bushels and yield figures in bushels per acre.
PREDICTING USDA:
Corn | Soybeans | ||||
Production | Yield | Production | Yield | ||
Average trade estimate | 15.189 | 183.7 | 4.557 | 52.8 | |
Highest trade estimate | 15.300 | 185.0 | 4.640 | 53.8 | |
Lowest trade estimate | 15.075 | 182.5 | 4.495 | 52.1 | |
USDA October | 15.203 | 183.8 | 4.582 | 53.1 | |
ADM Investor Services | 15.240 | 184.3 | 4.575 | 53.0 | |
AgMarket | 15.203 | 183.8 | 4.512 | 52.3 | |
Allendale Inc | 15.177 | 183.5 | 4.598 | 53.3 | |
Brock Associates | 15.213 | 183.8 | 4.577 | 53.0 | |
Brugler Marketing | 15.161 | 183.3 | 4.545 | 52.7 | |
Doane Advisory Services | 15.129 | 182.9 | 4.640 | 53.8 | |
Grain Cycles | 15.111 | 182.7 | 4.546 | 52.7 | |
Grain Service Corp | 15.177 | 183.5 | 4.564 | 52.9 | |
Linn & Associates | 15.250 | 184.4 | 4.539 | 52.6 | |
Marex Capital | 15.217 | 184.0 | 4.574 | 53.0 | |
McKeany-Flavell | 15.177 | 183.5 | 4.591 | 53.1 | |
Midland Research | 15.075 | 182.5 | 4.512 | 52.3 | |
Northstar Commodity | 15.180 | 184.0 | 4.495 | 52.1 | |
Prime AG | 15.300 | 185.0 | 4.574 | 53.0 | |
StoneX Group Inc | 15.193 | 183.7 | 4.539 | 52.6 | |
U.S. Commodities | 15.223 | 184.3 | 4.548 | 52.7 | |
Vantage RM | 15.162 | 183.3 | 4.556 | 52.8 | |
Zaner Ag Hedge | 15.217 | 184.0 | 4.534 | 52.6 | |
ANALYSTS' OWN ESTIMATES:
Corn | Soybeans | ||||
Production | Yield | Production | Yield | ||
Average trade estimate | 15.209 | 184.0 | 4.552 | 52.7 | |
Highest trade estimate | 15.262 | 184.5 | 4.587 | 53.3 | |
Lowest trade estimate | 15.162 | 183.3 | 4.488 | 52.0 | |
USDA October | 15.203 | 183.8 | 4.582 | 53.1 | |
ADM Investor Services | 15.240 | 184.3 | 4.575 | 53.0 | |
Brock Associates | 15.175 | 183.5 | 4.569 | 53.0 | |
Linn & Associates | 15.172 | 184.0 | 4.488 | 52.0 | |
LSEG Agriculture Research | 15.221 | 183.5 | 4.587 | 53.3 | |
R.J. O'Brien | 15.262 | 184.5 | 4.586 | 53.2 | |
Steve Freed Consulting | 15.220 | 184.5 | 4.580 | 52.5 | |
StoneX Group Inc | 15.193 | 183.7 | 4.539 | 52.6 | |
U.S. Commodities | 15.223 | 184.3 | 4.548 | 52.7 | |
Vantage RM | 15.162 | 183.3 | 4.556 | 52.8 | |
Zaner Ag Hedge | 15.217 | 184.0 | 4.495 | 52.2 | |
Reporting by Anmol Choubey in Bengaluru; Editing by Himani Sarkar
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