Estimates for Upcoming WASDE Report

For Immediate Release

Allendale, Inc. Releases Estimates for Upcoming WASDE Report

CHICAGO, IL. (December 5, 2022) – Allendale, Inc. a Chicago area agricultural commodity analysis and brokerage firm, released estimates for USDA’s WASDE report due December 9, 2022 at 11:00 AM CDT. Allendale’s estimates are what we think USDA will say.

US Ending Stocks (million bushels)

 

USDA

ALDL

USDA

ALDL

 

21/22

21/22

22/23

22/23

Corn

1377

1377

1182

1258

Beans

274

274

220

220

Wheat

669

669

571

588

World Ending Stocks (million metric tonnes)

 

USDA

ALDL

USDA

ALDL

 

21/22

21/22

22/23

22/23

World Corn

307.68

307.68

300.76

302.20

World Soybeans

94.67

94.67

102.17

102.21

World Wheat

276.31

276.31

267.82

266.15

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

 

 

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