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Crop Ratings Driving Big Yield Expectations

Crop Ratings Driving Big Yield Expectations

Strong crop condition ratings have traders expecting above-trendline yields and record crops. As a result, supply-side fundamentals are about as bearish as they get.

PF CCI: Spring Wheat Rating Declines Marginally

PF CCI: Spring Wheat Rating Declines Marginally

According to Pro Farmer's weighted Crop Condition Index, the spring wheat crop held virtually unchanged from last week.

PF CCI: Soybean Crop Improves by Two Points

PF CCI: Soybean Crop Improves by Two Points

Our weighted Crop Condition Index shows the soybean crop rose 2.16 points from last week and corn improved 0.64 point.

NWS 6-10 Day: Cooler and Wet Across Eastern Belt

NWS 6-10 Day: Cooler and Wet Across Eastern Belt

Normal to below-normal precip is expected across the western Corn Belt, along with cooler temps.

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Cash Sales Monitor

40% of 2014-crop corn is sold

2014-Crop Corn Sales

Cash-only marketers are 40% sold and hedgers are 50% sold in the cash market.

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70% of 2014-crop wheat is sold

2014-Crop Wheat Sales

Cash-only marketers are 70% sold and hedgers are 85% sold in the cash market.

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50% of 2014-crop soybeans are sold

2014-Crop Soybean Sales

Cash-only marketers and hedgers are 50% sold in the cash market.

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50% of 2014-crop cotton is sold

2014-Crop Cotton Sales

Cash-only marketers and hedgers are 50% sold in the cash market.

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