US Crop Progress Report: Winter wheat sowing completed on 96% of the land

US winter wheat sowing for next year's harvest will be completed by November 15 on 96% of the planned areas (previous week: 93%). Analysts expected sowing progress of 97%. Last year it was 94% at the same point in time and also 94% on a 5-year average.
The state of the stocks is worse than last year. 46% of the holdings received the top rating “good to excellent” (previous week: 45%). Analysts reckoned with 46%. A year ago the proportion was 52%.

Hansa Terminhandel GmbH
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