November 28, 2014

Planting Intentions Survey

The Allendale Team Thanks You For Your Time and Participation in Our 2014 Acreage Survey

This year’s survey received responses from 28 separate states.

Corn planting intentions of 92.349 million acres would be the fourth largest since 1944 when 94.473 million acres were planted. Using Allendale Inc.’s estimate of harvested acreage, and our 163.06 bushel/acre trend yield, it would imply the second largest production of 13.781 billion bushels. Last year’s production was 13.925 billion bushels.

Soybean planting intentions are seen at 83.212 million acres. This would be record soybean plantings. Using Allendale Inc.’s estimate of harvested acreage, and our 44.29 bushel/acre trend yield, it would imply production of 3.639 billion bushels. This would be a record production. Last year’s production was 3.289 billion bushels.

Wheat acreage is estimated at 55.324 million acres. Winter wheat acreage was seen 37,000 larger than that implied by USDA’s winter wheat seedings report. Using Allendale Inc.’s harvested acreage, and 45.85 bushel/acre trend yield, it would imply production of 2.175 billion bushels. This would be close to the five year average production of 2.164 billion bushels.

  USDA 2013 USDA Ag Forum ALDL 2014 Vs. 2013
Corn 95.365 92.0 92.349 -3.016
Soybeans 76.533 79.5 83.212 +6.679
Total Wheat 56.156 55.5 55.324 -0.832
Winter Wheat 43.090   41.929 -1.161
Durum Wheat 1.470   1.520 +0.050
Other Spring Wheat 11.596   11.875 +0.279

 

Do You Want More?

Rich Nelson recorded a quick video to go into more specifics about our findings on this year’s survey. Click the image below.

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