US Crop Progress Report: Corn Ratings Stable

The state of corn stocks in the United States was stable compared to the previous week. 61% of the holdings received the top rating “good to excellent” (previous week: 61%). Analysts also expected stable ratings. Last year, the share of portfolios with a top rating was also 57% at the same time.
The corn harvest has been completed on 15% of the area (previous week: 8%; previous year: 10%; 5-year average: 16%). Analysts were expecting a harvest advance of 17%.

Hansa Terminhandel GmbH
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