The US Department of Agriculture will on Wednesday reveal the November 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 171.9 171.0-174.5 171.9
Corn production 13.887 13.766-14.109 13.895
Soybean yield 49.8 49.2-50.9 49.8
Soybean production 4.315 4.261-4.413 4.313
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 1.207 1.050-1.390 1.172
Soybeans 0.212 0.185-0.296 0.200
All wheat 0.578 0.541-0.606 0.576
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 300.6 289.0-306.0 301.2
Soybeans 100.6 99.4-102.2 100.5
All wheat 266.5 264.7-268.5 267.5
All data in million tonnes