US Crop Progress Report: Corn ratings up moderately

The condition of the corn stocks in the United States has improved somewhat compared to the previous week. 62% of the holdings received the top rating “good to excellent” (previous week: 61%). Analysts also expected unchanged ratings. Last year, the share of portfolios with a top rating was also 56% at the same time.
The corn harvest has been completed on 25% of the area (previous week: 15%; previous year: 14%; 5-year average: 24%). Analysts were expecting a harvest advance of 26%.

Hansa Terminhandel GmbH
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