Click the links below to see the latest USDA Crop Progress and Condition Ratings.
May 23 Crop Progress and Condition Ratings
USDA progress ratings for corn, cotton, wheat, rice, sorghum and pasture for the week ending May 22.
Cotton Planting Progress
Winter Wheat Crop Condition
Spring Wheat Planted
Rice Planting Progress
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Jerry Gulke, president of the Gulke Group says at the same time the latest CFTC Commitment of Traders report showed the large speculator adding to their net long positions in corn and soybeans and have been extending that position since the week of July 6.
Naomi Blohm with Total Farm Marketing says the grain markets saw risk off selling by traders heading into the weekend as U.S. Treasury Secretary Scott Bessent was schedule to meet with his Chinese counterpart to lay the groundwork for the U.S. China Summit.
Scott Varilek with Kooima Kooima Varilek says the market has seen sloppy trade and profit taking with news of the Santa Teresa port opening but it isn’t new news.
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