Estimates for Upcoming WASDE Report

For Immediate Release

Allendale, Inc. Releases Estimates for Upcoming WASDE Report

CHICAGO, IL. (February 1, 2023) – Allendale, Inc. a Chicago area agricultural commodity analysis and brokerage firm, released estimates for USDA’s WASDE report due February 8, 2023 at 11:00 AM CDT. Allendale’s estimates are what we think USDA will say.

Corn: Brazil’s corn production is estimated 125 million tonnes. Argentina is estimated at 48.0.

Soybeans: Brazil’s soybean production is estimated at 153.0 million tonnes. Argentina is estimated at 43.0.

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

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