Estimates for Upcoming USDA Reports

For Immediate Release 

Allendale, Inc. Releases Estimates for Upcoming USDA Reports 

CHICAGO, IL. (January 5, 2023) – Allendale, Inc. the Chicago area agricultural commodity brokerage and analysis firm released estimates for four upcoming USDA reports due January 12, 2023 at 11:00 AM. 

 

Corn US planted 88.608, harvested 80.844, yield 172.4. production 13.933 (+3). ARG 53.0. BZL 126.0. 

SoybeansUS planted 87.455, harvested 86.652, yield 50.3, production 4.361 (+15). ARG 47.5. BZL 152.0. 

 

 

Annual Production Summary (million bushels) 

 

USDA 

USDA 

Allendale 

 

21/22 

22/23 

22/23 

Corn 

15074 

13930 

13933 

Soybeans 

4465 

4346 

4361 

All Wheat 

1646 

1650 

1650 

 

 

Grain Stocks (million bushels) 

 

USDA 

USDA 

Allendale 

 

Dec 1, 2021 

Sep 1, 2022 

Dec 1, 2022 

Corn 

11642 

1377 

10752 

Soybeans 

3152 

273 

3121 

Wheat 

1378 

1776 

1307 

 

 

WASDE US Ending Stocks (million bushels) 

 

USDA 

USDA 

ALDL 

 

21/22 

22/23 

22/23 

Corn 

1377 

1257 

1355 

Beans 

274 

220 

207 

Wheat 

669 

571 

588 

 

WASDE World Ending Stocks (million metric tonnes) 

 

USDA 

USDA 

ALDL 

 

20/21 

21/22 

21/22 

World Corn 

307.09 

298.40 

300.06 

World Soybeans 

95.59 

102.71 

100.94 

World Wheat 

276.27 

267.33 

266.30 

 

 

Winter Wheat Seedings (million acres) 

 

USDA 

USDA 

Allendale 

 

2021/22 

2022/23 

2022/23 

Winter Wheat 

32.271 

 

34.796 

Hard Red 

23.083 

 

24.297 

Soft Red 

6.570 

 

6.774 

White 

3.618 

 

3.725 

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

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