Articles tagged under: Allendale
Farmers Have Concerns About Crop Maturity
Published September 5, 2019
The U.S. crop looks good, but crop maturity will be key for the next few weeks. According to the latest Allendale farmer survey, Allendale Chief Marketing Strategist Rich Nelson says farmers in the western Corn Belt will have serious concerns…Allendale Projects Smaller U.S. Crop
Published September 4, 2019
Ahead of next week’s USDA report, Allendale is projecting the U.S. corn crop at 13.75 billion bushels, with a yield of 167.7 bushels/acre. Their soybean crop estimate is 3.49 billion bushels, with a 46 bushel/acre yield. That's below USDA's August…Breakevens, Cash Flow and Structuring Positions a Focus for Farmers in 2019
Published January 30, 2019
This will be a year for farmers to concentrate on breakevens, cash flow and structuring positions to manage risk, according to Allendale founder and agricultural economist Bill Biedermann. Attendees at the Northwest Farm Managers meeting looked at ways to improve…Allendale Estimates Record Corn and Soybean Yields
Published September 7, 2018
The agricultural commodity brokerage firm, Allendale, has released the results of their annual Nationwide Producer Yield Survey. The survey suggests a projected U.S. corn crop of 14.529 billion bushels with an average yield of 178.38 bushels per acres. The U.S.…Forecasts Come Ahead of Friday’s Acreage Report
Published June 25, 2018
Allendale is forecasting U.S. soybean acreage at 89.4 million acres and corn at 88.6 million. That compares to the March USDA Prospective Plantings Report estimate of 88 million acres for corn and 88.9 million acres for soybeans. Allendale expects spring…Grains Led by Higher Wheat Complex
Published April 30, 2018
Today's grain markets were led higher by the wheat complex. Allendale Chief Strategist Rich Nelson says to keep an eye on the Kansas winter wheat tour. "Results are announced Thursday. So, at this point in time, the trade is bracing…