Last night, the U.S. Department of Agriculture released the Crop Progress report, which is currently updated weekly. According to this, summer wheat sowing is completed on 91% of the designated areas. Analysts expected exactly this advance in advance. In the previous week, the sowing progress was 81% (previous year: 90%; 5-year average: 96%). The proportion of stocks in top condition is 80%. At the same time last year it was 74%. Analyst estimates in advance were 66%.
Source
Hansa Terminhandel GmbH
