date:Jul 08, 2013
Old crop stocks are expected to be adjusted to reflect strong March-May usage. The table below is Allendale's estimate of USDA July. Allendale's internal working numbers are:
77.728 acreage
76.718 harvested
43.35 yield
3,326 production
SPECIAL NOTE: No change in planted acreage will be seen on this report. USDA will wait until October, when survey data is reconciled with FSA insurance data, before showing true acreage. This will follow the pattern of other late planted years (2008, 2009, and