August WASDE Estimates

For Immediate Release 

Allendale, Inc. Releases Estimates for Upcoming WASDE Report 

CHICAGO, IL. (August 5, 2022) – Allendale, Inc. a Chicago area agricultural commodity analysis and brokerage firm, released estimates for USDA’s WASDE report due August 12, 2022 at 11:00 AM CDT. Allendale’s 2021/22 and 2022/23 estimates are what we think USDA will say.

Corn – Production estimates…89.921 planted (no change), 81.738 (-0.202) harvested and 176.30 yield.

Soybeans Production estimates…87.195 planted (+0.123), 87.564 harvested (+0.053) and 51.35 yield.

Wheat – Production estimates 47.125 planted (+0.033), 37.643 harvested (+0.021) and 47.50 yield.

  

 

US Production (million bushels) 

 

USDA 

USDA 

Allendale 

 

21/22 

22/23 

22/23 

Corn 

15115 

14505 

14410 

Soybeans 

4435 

4505 

4496 

All Wheat 

1646 

1781 

1788 

Winter Wheat 

1277 

1201 

1201 

Hard Red 

749 

585 

585 

Soft Red 

361 

376 

376 

White 

167 

240 

240 

Other Spring 

331 

503 

513 

Hard Red 

297 

457 

468 

White 

34 

46 

45 

Durum 

37 

77 

74 

US Ending Stocks (million bushels) 

 

USDA 

ALDL 

USDA 

ALDL 

 

21/22 

21/22 

22/23 

22/23 

Corn 

1510 

1527 

1470 

1399 

Beans 

215 

229 

230 

211 

Wheat 

660 

660 

639 

643 

World Ending Stocks (million metric tonnes) 

 

USDA 

ALDL 

USDA 

ALDL 

 

21/22 

21/22 

22/23 

22/23 

World Corn 

312.28 

312.81 

312.94 

309.55 

World Soybeans 

88.73 

89.12 

99.61 

98.74 

World Wheat 

280.10 

280.12 

267.52 

265.20 

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

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