Grain News


Allendale Inc. October Supply and Demand Estimates

Date Posted: October 7, 2013

Corn - The September 30 Grain Stocks report sharply increased old crop ending stocks.

Planted acres have been reduced by 1.75 million to 95.629 (Harvested 87.405).

Yield is adjusted to 158.2 due to consistent harvest reports.

Soybeans - Old crop ending stocks increased due to the September 30 Grain Stocks.

Planted acres have been reduced by 650,000 to 76.528 (Harvested 75.457).

Yield is adjusted to 40.8, from Allendale's 39.0, due to consistent early harvest reports.

It may increase to 42.5 on the November report.

For more information on this report or markets in general go to www.allendale-inc.com

Supply & Demand, Release Date Unknown Due to Government Shutdown

PRODUCTION in million bushels ... 12/13 USDA ... 13/14 USDA ... 13/14 Allendale

Corn ... 10780 ... 13843 ... 13827

Soybeans ... 3034 ... 3149 ... 3079

All Wheat ... 2266 ... 2128 ... 2128

Other Spring ... 542 ... 532 ... 532

Durum ... 83 ... 62 ... 62

Winter ... 1641 ... 1534 ... 1534

US ENDING STOCKS in million bushels ... USDA 12/13 ... ALDL 12/13 ... USDA 13/14 ... ALDL 13/14

Corn ... 661 ... 824 ... 1859 ... 2046

US Beans ... 125 ... 141 ... 155 ... 160

US Wheat ... 718 ... 718 ... 572 ... 551

WORLD ENDING STOCKS in million metric tonnes ... USDA 12/13 ... ALDL 12/13 ... USDA 13/14 ... ALDL 13/14

World Corn ... 123.11 ... 123.08 ... 151.42 ... 153.96

World Soybeans ... 62.22 ... 62.53 ... 71.54 ... 72.44

World Wheat ... 174.42 ... 175.10 ... 176.28 ... 174.21

For more information, call 800-551-4626.

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