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USDA Raises Export Projections In this month's USDA supply and demand report, export projections were raised in wheat, corn, soybeans, and soybean meal along with soybean oil. Corn export sales for the week ending April 3rd were 18.7 million bushels of old crop along with a me
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Corn WASDE Highlights USDA's month of April projected ending stocks for corn at 1.238 billion bushels was within the trade range of pre-released estimates. Allendale views the domestic data as neutral. However world stocks of corn shrank by more than 1 million metric tonnes
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Allendaleâ€™s Rich Nelson To Appear On Weekly TV Broadcast Allendale's Rich Nelson, Director of Research to appear on "This Week In AgriBusiness" with Orion Samuelson and Max Armstrong and will broadcast this weekend April 12, 13 and 14th, at 7:00 a.m. on Saturday; 5:00 a.m. and 7 p.m. on Sunday; and, 8:00 a.m. o
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Soybean WASDE Highlights USDA's month of April projected ending stocks for soybeans at 160 million bushels was within the trade range of pre-release estimates and 4 million bushels away from the average estimate of 156 million bushels. A bigger surprise was the 1.86 million metr
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USDA On Beef USDA also made some changes to their beef balance sheet in the April supply and demand report. The 2008 beef production was increased by 145 million lbs to 26.682 billion. It was interesting to see USDA drop their import estimate by 140 million at 2.930
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