DJ SURVEY: USDA June Cotton Supply/Demand Forecasts

DJ SURVEY: USDA June Cotton Supply/Demand Forecasts

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NEW YORK, Jul 08, 2010 (Dow Jones Commodities News via Comtex) -- The following are analysts' estimates in millions of 480-pound bales for the July U.S. cotton supply/demand report. The U.S. Department of Agriculture is scheduled to release its monthly report at 8:30 a.m. EDT Friday.

The figures in parentheses denote the number of estimates in the category.

2010-11 Crop
 Avg. Range USDA 10-11
 (June estimate)

 Crop (7) 17.41 (17.00-17.90) 16.70
 Domestic Use (7) 3.37 (3.30-3.60) 3.30
 Exports (7) 13.71 (13.50-14.00) 13.50
 Carryout (7) 3.24 (2.80-4.20) 2.80


 Company Crop Usage Exports Carryout

 FCStone 17.00 3.40 13.70 2.80
 First Capitol Group 17.90 3.30 13.50 4.20
 Flanagan Trading Corp. 17.60 3.30 14.00 3.10
 Harvest Marketing Group 17.10 3.30 13.50 3.20
 Kropf & Love Consulting 17.30 3.30 13.70 3.20
 Mike Stevens 17.50 3.40 13.80 3.20
 Plexus Cotton Ltd. 17.50 3.60 13.80 3.00


 2009-10 Crop
 Avg. Range USDA 09-10
 (June estimate)

 Crop (8) 12.19 (12.19-12.20) 12.19
 Domestic Use (8) 3.40 (3.40-3.40) 3.40
 Exports (8) 12.21 (12.00-12.25) 12.25
 Carryout (8) 2.91 (2.80-3.10) 2.90


 Company Crop Usage Exports Carryout

 Country Hedging 12.20 3.40 12.14 2.80
 FCStone 12.19 3.40 12.25 2.90
 First Capitol Group 12.20 3.40 12.00 3.10
 Flanagan Trading Corp. 12.19 3.40 12.35 2.80
 Harvest Marketing Group 12.19 3.40 12.25 2.90
 Kropf & Love Consulting 12.19 3.40 12.25 2.90
 Mike Stevens 12.19 3.40 12.15 3.00
 Plexus Cotton Ltd. 12.19 3.40 12.25 2.90



                                    
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