USDA rates corn and soybean stocks better than the market expects

The USDA released better corn and soybean crop ratings yesterday than market participants expected. In the core growing regions, the rain came in good time before the pollination phase of the maize.
72% of the corn and soybean stocks were classified in the top category "good-to-excellent" (g / e). Market participants assumed 69% in advance of the publication.
Summer wheat in the US received 70% g / e. A week earlier, the rating was 68% g / e.
Winter wheat harvest in the United States is 81% complete. Now the summer wheat harvest starts there (1-3%).

Hansa Terminhandel GmbH
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