Allendale, Inc. Releases Estimates for Upcoming WASDE Report

For Immediate Release

CHICAGO, IL. (September 6, 2024) – Allendale, Inc. a Chicago area agricultural commodity analysis and brokerage firm, released estimates for USDA’s WASDE report due September 12, 2024 at 11:00 AM CDT. Allendale’s  estimates are what we think USDA will say.
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Corn – 182.53 US yield via the annual Allendale Nationwide Producer Yield Survey No change vs. USDA for Brazil 2023/24 or 2024/25. No change vs. USDA for Argentina 2023/24 or 2024/25.  
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‍Soybeans – 53.33 US yield via the annual Allendale Nationwide Producer Yield Survey No change vs. USDA for Brazil 2023/24 or 2024/25. No change vs. USDA for Argentina 2023/24 or 2024/25.
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‍ Wheat – No change in US production expected. Next change is 9/30 Small Grains Summary.

For questions and comments, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.

Commodity Research and Brokerage Firm, Specializing In The Agriculture Markets

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