100-Dollar-Ideas
USDA sees wheat crop down 40% from last season.
Crops respond to rains, with conditions improving.
Tables from this morning’s Prospective Plantings Report.
More rains needed for adequate development.
However, the High Plains is in need of additional moisture.
But more of the crop is rated in “very poor” to “poor” shape compared to “good” to “excellent.”
Likely the CWB’s last chance to stop the government’s end to the monopoly.
Little change in Texas wheat conditions from month-ago.