The US Department of Agriculture will on Tuesday reveal the July edition of its monthly Wasde report, giving estimates for world ag supply and demand.

Below expectations of what investors, as polled by Reuters, expect the report to show.

 

Market expectations for USDA estimates of US grain stocks, close of 2021-22
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 1.488 1.435-1.521 1.485
Soybeans 0.208 0.190-0.224 0.205
All data in billion bushels

 

Market expectations for USDA estimates of US grain stocks, close of 2022-23
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 1.442 1.310-1.565 1.400
Soybeans 0.211 0.141-0.275 0.280
All wheat 0.638 0.559-0.690 0.627
All data in billion bushels

 

Market expectations for USDA estimates of world grain stocks, close of 2021-22
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 311.32 309.80-315.00 310.92
Soybeans 86.43 85.67-87.80 86.15
All wheat 279.27 278.50-280.01 279.40
All data in million tonnes

 

Market expectations for USDA estimates of world grain stocks, close of 2022-23
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 310.49 308.50-312.3- 310.45
Soybeans 99.37 96.50-101.00 100.46
All wheat 266.26 240.00-272.48 266.85
All data in million tonnes

 

Market expectations for USDA estimates of US winter wheat harvest, 2022-23
Crop Mean forecast Range of forecasts USDA’s existing estimate
Durum 0.063 0.037-0.085 N/A
Other spring wheat 0.458 0.336-0.526 N/A
Hard red 0.583 0.562-0.601 0.582
Soft red 0.362 0.350-0.381 0.358
White 0.241 0.232-0.252 0.242
Total winter wheat 1.186 1.163-1.210 1.182
All wheat 1.745 1.662-1.805 1.737
All data in billion bushels