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April12 WASDE Estimates (Compiled from Reuters)

U.S. ending stocks 2011/12


Wheat Corn

Soybeans
Global ending stocks 2011/12
Wheat
Corn

in billion bushels

Average trade estimate


Highest trade estimate
Lowest trade estimate
USDA March estimates
ABN Amro
ADM Investor Services
Allendale Inc.
Citigroup
Doane Advisory Services
Farm Futures
Jefferies Bache
Kropf Love Consulting
Macquarie Securities
McKeany-Flavell
Newedge USA
PFG Best
Rice Dairy
Traders Group Inc.

0.792
0.825
0.72
0.825

0.721
0.812
0.626
0.801

0.246
0.3
0.214
0.275

0.8
0.777
0.825
0.775
0.805
0.753
0.825
0.825
0.72
0.8
0.773
0.81
0.792
0.81

0.725
0.75
0.742
0.651
0.701
0.666
0.626
0.751
0.703
0.775
0.776
0.71
0.701
0.812

0.25
0.24
0.24
0.24
0.23
0.231
0.25
0.24
0.214
0.3
0.235
0.265
0.24
0.27

Soybeans

in millions of tons

Average trade estimate


Highest trade estimate
Lowest trade estimate
USDA March estimates
ABN Amro
ADM Investor Services
Allendale Inc.
Citigroup
Doane Advisory Services
Farm Futures
Jefferies Bache
McKeany-Flavell
PFG Best
Traders Group Inc.

208.62
209.66
207.00
209.58

122.45
126.00
119.00
124.53

55.42
58.00
52.60
57.30

209.00
209.00
209.66
209.10
208.75
207.70
208.00
209.00
209.00
207.00

121.00
123.00
122.94
121.50
120.50
119.00
124.00
124.10
126.00

56.00
55.00
56.02
58.00
54.44
52.60
55.20
56.50
55.00

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in millions of tons
Average trade estimate
Highest trade estimate
Lowest trade estimate
USDA March
ABN Amro
Allendale Inc.
Citigroup
Doane Advisory Services
Farm Futures
Jefferies Bache
Kropf Love Consulting
Macquarie Securities
McKeany-Flavell
Newedge USA
PFG Best
Rice Dairy LLC
Traders Group Inc.
Informa Economics

Argentina
Corn Soybean

Brazil
Corn Soybean

21.46
23.00
20.00
22.00

45.19
46.20
44.00
46.50

61.71
64.00
60.00
62.00

67.11
68.10
66.00
68.50

22.00
21.50
21.50
21.25
20.00
21.00
22.00
20.50
21.80
21.00
23.00
22.00

46.00
46.00
46.00
45.00
45.00
45.00
44.00
44.50
45.00
45.00
46.20
45.00
45.00
45.00

64.00
61.00
62.00
60.00
62.00
61.00
62.00
62.00
62.00
60.50
62.00
62.00

68.00
67.00
67.00
66.50
68.00
67.00
66.00
66.50
67.50
66.50
68.10
67.00
68.00
66.50

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