The US Department of Agriculture will late on Friday reveal the August 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 forecasts for 2022 US corn, soybean production
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn harvested acres 81.837 81.50-82.30 81.94
Corn yield 175.9 173.2-177.6 177.0
Corn production 14.392 14.192-14.553 14.505
Soybean harvested acres 87.724 87.30-88.91 87.511
Soybean yield 51.1 49.9-52.5 51.5
Soybean production 4.481 4.367-4.590 4.505
Area data in million acres. Yield data in bushels per acre. Production data in billion bushels

 

Market expectations for USDA estimates of US grain stocks, close of 2021-22
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 1.512 1.363-1.560 1.510
Soybeans 0.226 0.210-0.255 0.215
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 1.402 1.285-1.485 1.470
Soybeans 0.230 0.175-0.320 0.230
All wheat 0.650 0.607-0.676 0.639
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 312.40 310.80-314.20 312.28
Soybeans 88.95 87.71-90.00 88.73
All wheat 279.98 278.00-281.10 280.10
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 309.82 302.00-314.00 312.94
Soybeans 99.47 97.50-103.10 100.46
All wheat 268.00 265.00-273.00 267.52
All data in million tonnes