Areas of the country that grow Winter wheat:
Crop condition.........wheat planted 77% vs 75% average
wheat emerged 53% vs 53% average
Maybe a crop condition rating will be out next week. First rating should show wheat is in pretty good condition, though its been a bit too wet in the northwest sector and too dry in the east.
This early blast of cold will not be good for the WInter wheat in the Plains.
World production maps
https://ipad.fas.usda.gov/ogamaps/Default.aspx
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https://ipad.fas.usda.gov/ogamaps/print_map.aspx?cmdty=Wheat&attribute=Production&obj_title=Wheat Production
Source: Production, Supply and Distribution (PSD) Database http://www.fas.usda.gov/psdonline/ (Updated: October 10th, 2019) | |
It's been a bit dry in Southeast Australia:
Not sure if the market is paying much attention to Australia's weather but here it is:
Cold Blast coming next week!
Started by metmike - Oct. 23, 2019, 4:30 p.m.
https://www.marketforum.com/forum/topic/41645/
Not sure on how bullish the market wants to interpret next weeks weather. It certainly will be stressful to have hard freezes this early in the Fall and will interfere with the HRW in the Plains trying to get well established before going dormant for the rest of Winter.