May 24, 2015

Planting Intentions Survey

For Immediate Release

March 11, 2015

McHenry, Illinois based analytical research/brokerage firm Allendale Inc. estimates the following 2015 acreage based on its 26th annual producer survey: This year’s survey was a new record for participation. There were 30 separate states represented. Thank you to all the producers across the U.S. who were able to participate!

26TH ANNUAL ACREAGE SURVEY RESULTS

USDA 2014 USDA – AG Forum Allendale 2015 Survey vs. 2014
Corn 90.597 89.0 88.508 -2.089
Soybeans 83.701 83.5 86.052 +2.351
All Wheat 56.822 55.5 56.678 +0.144
Winter Wheat 42.399 40.452 -1.947
Durum Wheat 1.398 1.723 +0.325
Other Spring Wheat 13.025 14.503 +1.478

POTENTIAL PRODUCTION

Survey – Planted Harvested Estimate Trend Yield Implied Production
Corn 88.508 80.976 165.40 13.393
Soybeans 86.052 85.054 45.36 3.858
All Wheat 56.678 48.137 45.92 2.210
  • Corn planting intentions of 88.508 million acres would be the smallest acreage in five years. Allendale’s production estimate would imply a production decline of 822 million under last year’s record.
  • Soybean planting intentions are seen at 86.052 million acres, a new record. Allendale’s production estimate would be 111 million under last year, due to normal/trend-line yields.
  • Wheat acreage is estimated at 56.678 million acres. Spring wheat acreage was seen 1.5 million larger than last year. It would be the largest since 2006. Allendale’s production estimate is 184 million over last year.

We’ll continue our U.S. acreage discussion with University of Illinois’ Darrel Good in this month’s Ag Leaders Webinar, March 24th at 8:00 PM CDT. Register to hear how economics will impact acreage decisions this year. Register free, here.

For more information on the survey or the results, call us at 800-262-7538

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