US winter wheat harvesting falling behind
As of August 18th, 2019, winter wheat harvesting in the United States was carried out on 93% of the area, 5% lower from 2018 crop progress — 97% at the corresponding date in 2018, the U.S. Department of Agriculture (USDA) reports.
At the same time, this figure is 4.5% higher week to week (89%).
The USDA in its weekly Crop Progress report indicated that the condition of spring wheat crops in the United States by the reporting date did not change significantly compared to 2018.
As of August 18th, the condition of spring wheat crops was as followed:
- excellent — 12% of crops vs 12% in 2018;
- good — 58% vs 63%;
- fair — 23% vs 27%;
- poor — 6% vs 4%.
Experts note that 16% of spring wheat is harvested in the USA (56% a year ago and 14% on average in 5 years).
Previously reported that the USDA August report put strong pressure on export quotations of Ukrainian corn of the new harvest.