US Crop Progress Report: Winter wheat harvest completed on 90% of the land

The US winter wheat harvest has been completed on 90% of the land, the US Department of Agriculture reported yesterday after close of trading the previous week: 85%; Previous year: 87%; 5-year average: 93%). Analysts had expected 91% advance.
The summer wheat harvest has been completed on 15% of the area. Analysts were expecting a harvest advance of 14%. In the previous week it was 5% (previous year: 6%; 5-year average: 25%). The condition of the spring wheat stocks has deteriorated. 69% of the holdings received the top rating "good to excellent". In the previous week it was 73% and a year ago it was 69%.

Hansa Terminhandel GmbH
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