Trade estimates for U.S. 2023 cotton, small grains plantings
June 23 (Reuters) -Following are analysts' estimates for 2023 U.S. plantings of cotton, sorghum, and small grains ahead of the U.S. Department of Agriculture's annual acreage report, to be released at noon EDT (1600 GMT) on Friday, June 30.
Figures are in millions of acres:
All cotton | Sorghum | Barley | Oats | Rice | |
Average trade estimate | 11.119 | 6.220 | 2.905 | 2.603 | 2.539 |
Highest trade estimate | 12.000 | 6.700 | 3.050 | 2.800 | 2.683 |
Lowest trade estimate | 10.500 | 5.900 | 2.800 | 2.400 | 2.400 |
USDA March 31 forecast | 11.256 | 5.975 | 2.922 | 2.667 | 2.583 |
USDA final 2022 plantings | 13.763 | 6.325 | 2.945 | 2.581 | 2.222 |
ADM Investor Services | 10.700 | 6.700 | - | - | - |
AgriSompo | 11.100 | 6.000 | - | - | - |
Brock Associates | 10.500 | - | - | - | 2.540 |
Brugler Marketing | 11.200 | 6.200 | 2.950 | 2.400 | 2.450 |
Doane Advisory Services | 11.000 | 6.000 | - | - | - |
Futures International | 10.970 | 6.025 | - | - | 2.683 |
Grain Cycles | 11.100 | 6.400 | 2.800 | 2.500 | 2.400 |
Linn & Associates | 11.400 | 6.200 | - | - | - |
Marex Capital | 11.500 | 6.300 | 2.900 | 2.600 | 2.600 |
Midland Research | 10.859 | 6.450 | 3.050 | 2.650 | 2.520 |
Northstar Commodity | 11.400 | 5.900 | - | - | - |
Risk Management Commodities | 11.300 | 5.950 | 2.930 | 2.670 | 2.580 |
Sid Love Consulting | 12.000 | 6.400 | - | - | - |
StoneX Group Inc | 10.850 | 6.450 | - | - | - |
Zaner Ag Hedge | 10.900 | 6.100 | 2.800 | 2.800 | - |
Reporting by Harshit Verma in Bengaluru; Editing by Richard Chang
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