Grain News


Allendale Inc. September USDA Estimates

Date Posted: September 5, 2013

To View Allendale's Yield Survey Press Release, click here.

ACREAGE NOTE:

No change to acreage is expected on this report.

True acreage changes will not be shown until survey data is reconciled with FSA insurance data in October.

Corn- Allendale's Producer Yield Survey of 153.4 is used (USDA August 12 154.4).

Eastern Cornbelt production offsets most of the problems in the West.

Soybeans-Old crop stocks are expected lower than USDA August as exports offset increased imports.

USDA may delay recognition until the September 30 Grain Stocks report.

Allendale's Producer Yield Survey of 39.0 is used (USDA August 12 42.6).

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

Supply & Demand, to be RELEASED 11:00 AM CST ON 09/12/13

PRODUCTION In million bushels

Crop ... 12/13 USDA ... 13/14 USDA ... 13/14 Allendale

Corn ... 10780 ... 13763 ... 13676

Soybeans ... 3015 ... 3255 ... 2980

All Wheat ... 2269 ... 2114 ... 2116

Other Spring ... 542 ... 511 ... 514

Durum ... 82 ... 60 ... 59

Winter ... 1645 ... 1543 ... 1543

US ENDING STOCKS in million bushels

Crop ... USDA 12/13 ... ALDL 12/13 ... USDA 13/14 ... ALDL 13/14

Corn ... 719 ... 718 ... 1837 ... 1764

US Beans ... 125 ... 119 ... 220 ... 114

US Wheat ... 718 ... 718 ... 551 ... 579

WORLD ENDING STOCKS in million metric tonnes

Crop ... USDA 12/13 ... ALDL 12/13 ... USDA 13/14 ... ALDL 13/14

World Corn ... 123.11 ... 123.01 ... 150.17 ... 148.85

World Soybeans ... 62.22 ... 62.13 ... 72.27 ... 71.55

World Wheat ... 174.42 ... 175.12 ... 172.99 ... 175.72

For more information, call 800-551-4626.

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