Estimates for Upcoming Small Grains Summary and Grain Stocks Reports September 23, 2022
For Immediate Release
Allendale, Inc. Releases Estimates for Upcoming Small Grains Summary and Grain Stocks Reports
CHICAGO, IL. (September 23, 2022) – Allendale, Inc., a Chicago area agricultural commodity analysis and brokerage firm, released estimates for the September 30 Grain Stocks and Small Grains Annual Summary reports.
2021 Production Revisions: Corn 15.092 billion bushels, down from USDA 9/12 15.115
Soybeans 4.449 billion bushels, up from USDA 9/12 4.435
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Small Grains Summary – US Wheat Production (million bushels) |
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USDA |
USDA |
Allendale |
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21/22 |
22/23 |
22/23 |
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All Wheat |
1646 |
1783 |
1787 |
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Winter Wheat |
1277 |
1198 |
1193 |
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Hard Red Winter |
749 |
576 |
570 |
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Soft Red Winter |
361 |
381 |
385 |
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White Winter |
167 |
240 |
238 |
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Durum |
37 |
74 |
76 |
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Other Spring |
331 |
512 |
518 |
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Hard Red Spring |
297 |
463 |
468 |
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White Spring |
34 |
49 |
50 |
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Grain Stocks (million bushels) |
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USDA |
USDA |
ALDL |
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Sep 1, 2021 |
Jun 1, 2022 |
Sep 1, 2022 |
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Corn |
1235 |
4346 |
1504 |
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Beans |
257 |
971 |
264 |
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Wheat |
1774 |
660 |
1813 |
For questions and comments, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.
Post Archives
Allendale Insider
Allendale Insider
On The Go
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Soybeans and wheat see pressure this week. Corn holds.
September 22, 2023
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Cattle on Feed confirms a return to lower placements. Q2 supplies will be tight.
September 22, 2023
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Pork questions remaining procurement. Cattle hit by weights, beef and the stock market.
September 21, 2023
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Grains show export sales disappointment.
September 21, 2023
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Hogs surpass last week’s high.
September 20, 2023
On The Go
September 22, 2023
September 22, 2023
September 21, 2023
September 21, 2023
September 20, 2023
Market Movers
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December found light support at 474 yesterday/last night, chart open to 467 ¾, rains added again.
September 22, 2023
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Rains dramatically reduced in the 6 – 10 day forecast, exports may be expected disappointing.
September 21, 2023
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Rains in the 10-day outlook may slow harvest and offer mild support, exports are needed.
September 20, 2023
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Harvest at 9%, analysts expected 10%, the forecast may slow harvest days 1 – 5
September 19, 2023
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Funds were aggressive sellers of 41K, now short 135K or 42% of record, solid harvest forecast.
September 18, 2023
Market Movers
September 22, 2023
September 21, 2023
September 20, 2023
September 19, 2023
September 18, 2023
Snapshots
Snapshots