HRW conditions modestly improve during March

Wheat field
Wheat field
(Lindsey Pound)

Individual state crop conditions ratings showed modest improvement in the HRW wheat crop during March. The “good” to “excellent” ratings for HRW wheat stood at 19% in Kansas (unchanged from the end of February), 34% in Oklahoma (down two points), 18% in Texas (down one point), 28% in Colorado (down one point), 22% in Nebraska (up three points), 22% in South Dakota (down one point) and 31% in Montana (up 10 points). When the updated crop condition ratings were plugged into the weighted Pro Farmer Crop Condition Index (CCI; 0 to 500 point scale, with 500 being perfect), the HRW crop improved 3.4 points from the end of February to a rating of 267.5. The HRW crop went into dormancy with the lowest fall CCI rating on record of 280.3.

Pro Farmer Crop Condition Index for HRW Wheat

 

March 26, 2023

Feb. 26, 2023

Nov. 28, 2022

Kansas (39.61%*)

96.24

97.03

102.97

Oklahoma (12.81%)

36.76

34.97

37.91

Texas (7.77%)

19.43

19.35

22.53

Colorado (6.52%)

19.22

19.03

17.99

Nebraska (4.52%)

12.24

12.15

12.01

S. Dakota (4.44%)

13.59

13.37

13.10

Montana (8.42%)

27.44

26.18

29.12

HRW total

267.52

264.13

280.28


* denotes percentage of total national HRW crop production.

 

Latest News

PF Report Reaction: Bullish USDA data for corn
PF Report Reaction: Bullish USDA data for corn

Corn planting intentions and March 1 stocks came in lower than expected.

Report Snapshot: USDA shows lighter-than-expected corn acres and stocks
Report Snapshot: USDA shows lighter-than-expected corn acres and stocks

USDA reported corn acres of 90.036 million acres for 2024 and March 1 stocks of 8.347 billion bu., both well below trade estimates. Soybean acres were slightly lower than expectations, while stocks were higher.

Timeline and Issues in Getting Baltimore Port Channel Reopened
Timeline and Issues in Getting Baltimore Port Channel Reopened

Exxon Mobil and SAF | Fed governor says ‘no rush’ to lower rates | Russia aids Cuba | Key USDA reports today

Cattle Strength Wanes | March 28, 2024
Cattle Strength Wanes | March 28, 2024

Japan works to support Yen, Eurozone cuts production forecast and the Biden Administration will repair Baltimore Bridge...

Ahead of the Open | March 28, 2024
Ahead of the Open | March 28, 2024

Corn, soybeans and wheat traded in tight ranges overnight, with grains showing relative strength into the break.

Weekly wheat sales exceed expectations, while soybeans miss
Weekly wheat sales exceed expectations, while soybeans miss

Weekly wheat sales were just above the pre-report range for the week ended March 21, while soybean sales missed the expected range by 36,000 MT. Corn sales held steady at 1.21 MMT.