Highlights of expectations for the supply/demand report for the 2013/14 crop year include:
Corn ending stocks of 1.4 billion (range 1.31-1.48)
Soybean ending stocks of 140 million (125-147) Wheat ending stocks 583 million (553-626)
Global corn ending stocks of 157.7 MMT (182.5-183.3)
Global soybean ending stocks of 70.1 MMT (68.5-71.9)
Global wheat ending stocks of 183.7 (182.5-185.3)
Key South American production estimates:
Soybeans, Brazil 87.4 MMT (86.5-89.5); Argentina 54.2 (53-57.1)
Corn, Brazil 69.7 (68-71.2); Argentina 24 (21.8-25.7)
