The latest U.S. crop progress report showed the countries corn ‘good-to-excellent’ rating remain UNCH at 73%. A comparison between the current year in red and the previous 5yr’s can be seen in the graph below. Corn harvested increased to 35% and vs the 5yr average of 38% and vs last week’s 24%. Corn mature now stands at 93% and vs the 5yr average of 88% and vs last week’s 86%. Traders will look ahead at the October WASDE report, for further fundamentals, which will be released later today
U.S. crop progress report
on 12 November , 2016
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