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.