The US Department of Agriculture will on Wednesday reveal the October 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 yield 171.8 170.1-173.9 172.5
Corn production 13.885 13.766-14.056 13.944
Soybean yield 50.6 49.8-51.3 50.5
Soybean production 4.381 4.309-4.463 4.378
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 2022-23
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 1.124 1.015-1.300 1.219
Soybeans 0.248 0.187-0.343 0.200
All wheat 0.554 0.477-0.637 0.610
All data in billion bushels

 

 

Market expectations for USDA estimates of world grain stocks, close of 2022-23
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 301.44 280.30-311.00 304.53
Soybeans 100.03 97.50-103.20 98.92
All wheat 267.49 262.60-270.00 268.57
All data in million tonnes