Allendale Releases WASDE Estimates

August 5, 2010 07:41 AM
 
SOURCE: Allendale Press Release
 
Corn - Allendale is using a nationwide yield of 167.0. This represents a 3.5 bushel per acre yield increase from USDA. An increase in demand offsets much of the production increase.
Soybeans - Allendale is leaving nationwide yield unchanged at 42.9 bushels per acre.
Wheat - A small revision has been made to spring wheat production. We have also added 75 million bushels to the export estimate based on world production problems.
McHenry, IL, Thursday, August 5, 2010
 
Production, Supply & Demand, to be RELEASED 7:30 AM CST ON 08/12/10
 
PRODUCTION         USDA      USDA    Allendale    
In million bushels           2009      2010       2010          
Corn                           12092     13245      13524                                 
Soybeans                      3359      3345       3345                       &n​bsp;        
 
All Wheat                     2216      2216       2206                                 
Winter                          1523      1505       1505       
  HRW                          919      1011       1011
  SRW                           404       268        268
   WW                          200       226        226
 Other Spring                584       607        599
  HRS                           548       567        561
   WW                            36        40         38
 Durum                         109       104        102  
 
US ENDING STOCKS          USDA       ALDL       USDA       ALDL      
in million bushels                       09/10         09/10        10/11       10/11        
US Corn                                  1478          1453          1373        1522                  
US Beans                                 175             181            360         366              
US Wheat                                973             973           1093        964              
 
WORLD ENDING STOCKS         USDA       ALDL       USDA       ALDL          
in million metric tonnes                      09/10         09/10      10/11         10/11        
World Corn                                     139.59      139.42     141.08      140.50               
World Soybeans                                65.35        65.42      67.76        67.06              
World Wheat                                   193.02      192.90     187.05     180.02               
 
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