Last night, the U.S. Department of Agriculture released the Crop Progress report, which is currently updated weekly. According to this, soybean sowing is completed on 75% of the areas planned for this (previous week: 65%; previous year: 36%; 5-year average: 68%. Analysts anticipated a progress in sowing of 79%. 70% of the accumulated soybean stocks are in top Constitution: Analysts were expecting a top constitution share of 68%.
Source
Hansa Terminhandel GmbH
