Trade estimates for US 2024 wheat crop in USDA September report
Sept 24 (Reuters) -The following are analysts' estimates for the U.S. Department of Agriculture's (USDA) small grains summary report projecting 2024-25 U.S. wheat production.
The USDA is scheduled to release the report at 12 p.m. EDT (1600 GMT) on Monday, Sept. 30.
NOTE: All figures are in billions of bushels:
All | All | Hard Red | Soft Red | White | Other | Durum | |
wheat | winter | winter | winter | winter | spring | ||
Average trade estimate | 1.966 | 1.350 | 0.768 | 0.342 | 0.244 | 0.540 | 0.076 |
Highest trade estimate | 2.020 | 1.382 | 0.796 | 0.348 | 0.272 | 0.559 | 0.079 |
Lowest trade estimate | 1.755 | 1.220 | 0.658 | 0.336 | 0.240 | 0.483 | 0.052 |
USDA latest 2024 figures | 1.982 | 1.361 | 0.776 | 0.342 | 0.243 | 0.544 | 0.077 |
ADM Investor Services | 1.959 | 1.346 | 0.770 | 0.336 | 0.240 | 0.535 | 0.078 |
Allendale Inc | 1.993 | 1.367 | 0.779 | 0.344 | 0.244 | 0.548 | 0.078 |
Brock Associates | 1.990 | 1.361 | -- | -- | -- | 0.552 | 0.077 |
Brugler Marketing | 1.970 | 1.355 | 0.770 | 0.345 | 0.240 | 0.540 | 0.075 |
Doane Advisory Services | 1.960 | 1.340 | 0.760 | 0.340 | 0.240 | 0.543 | 0.077 |
Futures International | 1.755 | 1.220 | 0.658 | 0.348 | 0.272 | 0.483 | 0.052 |
Grain Service Corp | 1.982 | 1.361 | 0.776 | 0.342 | 0.243 | 0.544 | 0.077 |
Linn & Associates | 2.020 | 1.382 | 0.796 | 0.342 | 0.244 | 0.559 | 0.079 |
Marex Capital | 1.975 | 1.360 | 0.775 | 0.345 | 0.240 | 0.540 | 0.075 |
McKeany-Flavell | 1.989 | 1.361 | 0.776 | 0.342 | 0.243 | 0.550 | 0.078 |
Midland Research | 1.967 | 1.355 | 0.773 | 0.341 | 0.241 | 0.537 | 0.075 |
Northstar Commodity | 1.973 | 1.356 | 0.776 | 0.340 | 0.240 | 0.540 | 0.077 |
R.J. O'Brien | 1.980 | 1.365 | 0.778 | 0.343 | 0.245 | 0.536 | 0.079 |
Sid Love Consulting | 1.987 | 1.343 | 0.778 | 0.343 | 0.243 | 0.546 | 0.078 |
StoneX Group Inc | 1.971 | 1.357 | 0.770 | 0.343 | 0.244 | 0.538 | 0.076 |
Vantage RM | 1.982 | 1.361 | 0.776 | 0.342 | 0.243 | 0.544 | 0.077 |
Zaner Ag Hedge | 1.974 | 1.354 | 0.773 | 0.337 | 0.244 | 0.544 | 0.076 |
Reporting by Anmol Choubey in Bengaluru
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