US Crop Progress Report: Summer wheat harvest progressing briskly

The state of summer wheat stocks in the United States has deteriorated somewhat. 74% of the stocks have been given the top rating "good to excellent" (g / e) by the US Department of Agriculture, compared with 75% in the previous week. Analysts who were interviewed in advance by the news agency Reuters expected this decline. The summer wheat harvest has made significant progress. Already 60% of the areas are harvested (previous week: 35%, previous year: 55%, 5-year average: 44%). Analysts expected a 51% advance.
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