https://release.nass.usda.gov/reports/prog4420.txt
One of the faster paced harvests in history.
First Winter Wheat crop rating.............pretty bad because of the drought in the Plains!
Today's plunge in wheat prices was because of the massive precip event hitting the drought stricken S.Plains and points eastward.
USDA's first condition ratings for U.S. winter #wheat come in at 41% good/excellent, well below the trade expectation of 52%. That is the worst for the week since 2013 (40%). The recent five-year average for the week is 53%.
U.S. #corn was 72% harvested as of Sunday, up from 60% a week earlier. That is the slowest progress in 3 weeks but it's well ahead of the 5yr avg of 56%. #harvest20 Almost all states are far ahead of or = to average, but Ohio is far behind at 32% (was 34% year ago, 52% avg).
This was Ohio's #corn planting progress for reference. 2020 was slow at first but then a little closer to normal later on. 2019 was dreadfully slow - the slowest on record due to all the rain and wet conditions.
@kannbwxReplying to
#Soybeans were 83% harvested as of Sunday, up from 75% a week earlier and ahead of the 5yr avg of 73%. The Delta, Mid-South, and Southeast states remain behind average pace. #harvest20
