Allendale, Inc. Releases Estimates for Acreage and Grain Stocks

Allendale, Inc. Releases Estimates for Acreage and Grain Stocks

CHICAGO, IL. (June 23, 2022) – Allendale, Inc. a Chicago area agricultural commodity brokerage and analysis firm released estimates for the two upcoming USDA reports due June 30, 2022 at 11:00 AM.

 

Acreage (million acres)

 

2021

USDA 3/30/22

ALDL 6/30/22

 

21/22

 22/23

22/23

Corn

93.357

89.490

89.642

Soybeans

87.195

90.955

92.375

All Wheat

46.703

47.351

47.066

Winter Wheat

33.648

34.236

34.437

Hard Red

23.494

23.700

23.820

Soft Red

6.648

6.890

6.966

White

3.506

3.620

3.651

Durum

1.638

1.915

1.877

Other Spring

11.420

11.200

10.752

Hard Red

10.596

10.500

10.133

White

0.824

0.700

0.620

 

 

Grain Stocks (million bushels)

 

USDA

USDA

Allendale

 

06/01/21

03/01/22

06/01/22

Corn

4111

7850

4396

Soybeans

769

1931

977

Wheat

845

1025

670

For questions and comments, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.

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