Allendale, Inc. Releases Estimates for Upcoming WASDE Report

For Immediate Release

Allendale, Inc. Releases Estimates for Upcoming WASDE Report

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.

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.

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.

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.