date:Jul 08, 2013
Allendale Inc. has released their World Agricultural Supply and Demand Estimates. The report is due for release on Thursday, July 11 at 11 am CDT.
Corn
Old crop stocks are expected to be adjusted to reflect stronger March - May use implied from June 28 Grain Stocks. The table below shows Allendale's estimates of what USDA will say on this report (June 28 acreage and 156.5 bpa). Allendale's internal working numbers are:
97.379 acreage
89.012 harvested
157.0 yield
13,975 production
Soybeans