03.
06.14
08:52

Weak - US seed stands: wheat corn and cheap soy

Seed stand: light and shadow in the United States - prospects predominantly positive

The weekly report on the seed stand on June 1, 2014 is good average, and partly about.

The corn stuff is done 95% of the planned areas and slightly above target. The corn rising is specified with good average 80%. Last year, there were 71% at this time only and has nevertheless become a bumper crop.

The assessment of maize stocks are classified to 76% in the category of "good to excellent". 22% rank next in the class of "average stocks". Only 2% of the area are referred to as "poor". Excellent launch conditions for the corn crop are 2014. However, the month is August for the income formation of even greater importance.

The soybean sowing is 78% above the long-term average of 70%. Also the field rising has rapidly caught up despite the cooler temperatures and is 50% compared to 45% in the long-term average. Last year was the soy rising only 29% and still resulted in a bumper crop. Thus again underlined the paramount importance of the yield-forming periods during flowering and grain filling phase.

The U.S. winter wheat crop has already begun in a few early threshing areas. The earnings surprised especially as a result of the high hectoliter weight. The explanation is that very many nutrients available were the thin vegetation with the support of the recently fallen rain.

But, compared to previous years, it remains in assessing that only 31% of the winter wheat areas as "good to excellent" and 44% as "poor to very poor" were classified. The USDA estimate confirms again to average 60 to 65 million tonnes from 53 million tonnes of wheat harvest.

Spring wheat is 88% of the Earth and has thus reached despite rain-related delays average level. But behind the seed rising with 67% to 5% points off the long-term average.

Similar conditions have been identified for the "small" grains of barley and oats.

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