The US Department of Agriculture will on Tuesday reveal the September 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 2023 US corn, soybean production
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn yield 173.4 171.0-175.0 175.1
Corn production 14.986 14.762-15.125 15.111
Soybean yield 50.1 49.0-51.0 50.9
Soybean production 4.152 4.056-4.218 4.205
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 1.458 1.347-1.507 1.457
Soybeans 0.256 0.241-0.275 0.260
All data in billion bushels

 

Market expectations for USDA estimates of US grain stocks, close of 2023-24
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 2.134 1.830-2.399 2.202
Soybeans 0.213 0.170-0.270 0.245
All wheat 0.615 0.586-0.630 0.615
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 297.5 296.7.0-298.5 297.9
Soybeans 102.9 102.3-103.5 103.1
All wheat 268.4 267.6-270.0 268.3
All data in million tonnes

 

Market expectations for USDA estimates of world grain stocks, close of 2023-24
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 309.7 305.0-313.8 311.1
Soybeans 118.4 116.4-120.7 119.4
All wheat 264.3 260.0-266.00 265.6
All data in million tonnes