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Pat Hill DTN Markets Editor

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Friday Nov 6, 2009

Just Small Changes in Lanworth Estimates

Private analytical firm Lanworth Inc. is sticking with Plan A.

The company has made small increases in its production estimates for corn and beans, reflecting better-than-normal growing conditions, especially in the Western Corn Belt, in September, Lanworth Products VP Nick Kouchoukos told me.

The revised numbers they've released to their clients are still well below current USDA projections, he said.

He pointed out that USDA's October revisions took harvested corn acreage down to match the acres Lanworth projected last summer, and USDA also cut harvested soybean acreage.

Assessing test weights is the critical question now, but it's going to be tough to answer since much of the objective yield data USDA uses is still not available since harvest has been so much delayed.

Lanworth said its models have been indicating a lighter than normal test weight in some parts of the country because of the delayed planting and slow maturity pace.

DTN subscribers can see more about Lanworth's projections, in DTN Ag News "Lanworth: Estimates Remain Below USDA".

Posted at 03:11PM CST Nov 6, 2009 by Pat Hill

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Blog Home Pages

	November 2009
S	M	T	W	T	F	S
1	2 More Looking Ahead -- Feed Demand Nov Guessing Game Under Way Some Kansas Wheat Producers Still Waiting October Ends in Bearish Mode	3 The Parade Continues Wide Spreads in Cotton, Rising OI Good: Corn Harvest Mid-December Make That Call! Monday Gains for Cash Bids	4 FCStone Cuts Corn, Hikes Soy Tallies Mud Is Headache, Profit Drain for Dairies, Feedlots Outside Markets -- Gold and Crude Informa Makes Cuts in Corn, Soy Estimates Corn, Bean Indexes Advance Tuesday	5 Bearish Outlook for Soybeans	6 Just Small Changes in Lanworth Estimates China's Soy Appetite Unabated Some Basis Shifts -- Harvest Pressure?	7
8	9 Big Surge in Chinese Passenger Car Sales Indexes Sag Friday	10 Changes in World S&Ds Big Jump in Cash Indexes Monday	11 Questions Surround U.S. Production Number	12 Chinese Corn Production Real Considerations, of the Currency Variety Midweek Gains for Cash Beans, Wheat	13 Adding Some Ratios No New Corn or Soy Numbers Til January Cash Soy Index Gets Boost Next Bottleneck: Propane	14
15	16 Dealing with Vom Issues Vom Talk in Corn Cash Grain Bids See Firm Start	17 Settlement Procedures Revised for Wheat, Rice, Corn, Beans Drying Costs Still A Problem Cash Indexes Get Boost Monday	18 A Rally to Reward or to Ignore? Speculation about Vom Specifications Beans, Wheat Indexes Advance	19 Cash Grain Bids Softer at Midweek	20 Weakness Remains in Ag-Dependent Economies, Survey Finds Corn Mountains Growing Big Yields, Combines Running Hard in Northeast Nebraska Another Leg Up for the DTN Soybean Index	21
22	23	24	25	26	27	28
29	30

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