Updates with USDA information
CHICAGO, Aug 30 (Reuters) – The U.S. Division of Agriculture rated 60% of the U.S. corn crop in good-to-excellent situation in its weekly crop progress report on Monday, unchanged from the earlier week, whereas analysts surveyed by Reuters on common had anticipated a 1-point decline.
For soybeans, the USDA rated 56% of the crop pretty much as good to glorious, regular with the prior week and matching commerce expectations.
The U.S. spring wheat harvest was 88% full, the federal government stated, up from 77% the earlier week and forward of the five-year common of 71%. Analysts surveyed by Reuters on common had estimated harvest progress at 89%.
The USDA stated it anticipated subsequent week’s report to incorporate its first estimates of planting progress for the 2022 U.S. winter wheat crop.
All figures in %:
Class
Analyst common
Analyst vary
USDA final week
USDA this week
Corn situation*
59
58-60
60
60
Soybean situation*
56
54-57
56
56
Spring wheat harvested
89
87-92
77
88
*% good/glorious
(Reporting by Julie Ingwersen; Enhancing by Sandra Maler)
(([email protected]; 1-313-484-5283; Reuters Messaging: [email protected]))
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