USDA’s National Agriculture Statistic Service announced on
07/22/09 it will re-survey seven corn and two sorghum producing
states, in response to variable weather conditions. If planted
acreage adjustments are needed, USDA will include the cause and
effect within its August 12th crop production report. Allendale
Inc needs to clarify, USDA’s additional data collection of this
magnitude at the end of July, before the August crop production
report is rather rare, however a similar adjustment was made
just one year ago. The results of last years revision discovered
100 K fewer acres planted in IL, IN, MO and 50 K fewer acres in
WI vs USDA June 30th , 2008 planted acres estimated. Immediately
a number of “what ifs” for 2009 are circulating within the corn
trade with regards to the anticipation USDA is likely to reduce
corn acres planted but tempering outright enthusiasm by keeping
in mind USDA is likely to increase its corn yield estimate.
Within this special report, Allendale Inc includes a graph of
several “what