US Crop Progress Report: Winter wheat harvest on 85% of the land completed

The US winter wheat harvest is complete on 85% of the acreage, the US Department of Agriculture reported yesterday after the close of trading yesterday: 81%; Previous year: 80%; 5-year average: 88%). Analysts had expected 89% progress.
The summer wheat harvest is completed on 5% of the area. Analysts had expected 8% crop progress. In the previous week it was 1% (previous year: 2%; 5-year average: 10%). The state of summer wheat stocks has improved. 73% of the holdings received the top rating "good to excellent". It was 70% in the previous week and 73% a year ago.

Hansa Terminhandel GmbH
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