Markets Extra

US winter wheat condition ratings, May 26

Markets Extra28 May 2019by Markets Extra

Agrimoney shows weekly USDA winter wheat condition ratings as of last Sunday.

Last week’s readings are available here.

US winter wheat condition, May 26
	Rating	Change on week
Arkansas	57%	-4
California	90%	unchanged
Colorado	75%	+1
Idaho	63%	-7
Illinois	35%	-3
Indiana	53%	unchanged
Kansas	55%	-5
Michigan	39%	-2
Missouri	43%	-4
Montana	74%	+5
Nebraska	70%	+1
North Carolina	44%	-8
Ohio	32%	+3
Oklahoma	73%	-15
Oregon	62%	unchanged
South Dakota	48%	-13
Texas	62%	+1
Washington	61%	-11
National rating	61%	-5
Ratings show precentage of crop rated "good" or "excellent". Change on week in percentage points

Investors expected a 65% condition figure, according to a Reuters poll.

US Wheat

Evening markets: Grain futures suffer another start-of-week selldown

Bears are in the ascendancy as weather worries over the likes of North American spring wheat ease, and vegoils drag on the oilseeds complex

Coffee targeted as funds sell down in softs - but buy in grains

Hedge funds halve their net long in arabica coffee, amid renewed demand worries amid the pandemic. But soybeans attract buying after a downbeat US sowings forecast

ANALYSIS: Are China's wheat imports about to get the corn treatment?

Competitive pricing is driving Chinese livestock feeders to use more grain in their rations. That could see wheat imports far exceed current forecasts

Ukraine wheat 2019-20

Markets extra lists estimates for the country’s production and exports