Allendale, Inc. Releases Estimates for Acreage and Grain Stocks June 23, 2022
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.
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|
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 |
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|
|
Grain Stocks (million bushels) |
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|
|
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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