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.