Estimates for Upcoming Small Grains Summary and Grain Stocks Reports September 25, 2023
For Immediate Release
Allendale, Inc. Releases Estimates for Upcoming Small Grains Summary and Grain Stocks Reports
CHICAGO, IL. (September 25, 2023) – Allendale, Inc., a Chicago area agricultural commodity analysis and brokerage firm, released estimates for the September 29 Grain Stocks and Small Grains Annual Summary reports.
2022 Production Revisions: Corn 13.706 billion bushels, down from USDA 9/12 13.730
Soybeans 4.321 billion bushels, up from USDA 9/12 4.276
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Small Grains Summary – US Wheat Production (million bushels) |
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USDA |
USDA |
Allendale |
|
|
22/23 |
23/24 |
23/24 |
|
All Wheat |
1650 |
1734 |
1711 |
|
Winter Wheat |
1104 |
1227 |
1207 |
|
Hard Red Winter |
531 |
585 |
570 |
|
Soft Red Winter |
337 |
440 |
442 |
|
White Winter |
236 |
202 |
196 |
|
Durum |
64 |
57 |
58 |
|
Other Spring |
482 |
450 |
445 |
|
Hard Red Spring |
446 |
413 |
410 |
|
White Spring |
36 |
37 |
35 |
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|
|
|
|
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Grain Stocks (million bushels) |
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|
USDA |
USDA |
ALDL |
|
|
Sep 1, 2022 |
Jun 1, 2023 |
Sep 1, 2023 |
|
Corn |
1377 |
4106 |
1455 |
|
Beans |
274 |
796 |
251 |
|
Wheat |
1778 |
580 |
1741 |
For questions and comments, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.
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