US Crop Progress Report: Winter wheat harvest completed on 97% of the land

The US winter wheat harvest has been completed on 97% of the land, the US Department of Agriculture reported yesterday after close of trading the previous week: 93%; Previous year: 95%; 5-year average: 98%). Analysts had expected 97% advance.
The spring wheat harvest has been completed on 49% of the area. Analysts were expecting a harvest advance of 46%. In the previous week it was 30% (previous year: 32%; 5-year average: 62%). The condition of the spring wheat stocks has improved. 71% of the holdings received the top rating "good to excellent". In the previous week it was 70% and a year ago 69%.

Hansa Terminhandel GmbH
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