US Crop Progress Report: Winter wheat sowing completed on 93% of the land

US winter wheat sowing for next year's harvest will be completed on November 8 on 93% of the planned areas (previous week: 89%). Analysts expected sowing progress of 94%. Last year it was 91% at the same point in time and also 91% on a 5-year average.
The state of the stocks is worse than last year. 45% of the holdings received the top rating “good to excellent” (previous week: 43%). However, analysts expected only 44%. A year ago the share was 54%.

Hansa Terminhandel GmbH
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