USDA Reports
HRW rating declines, while SRW sees improvement
USDA also raised its corn and soybean condition ratings
Cuts to U.S. wheat production failed to offset other changes globally
Analysts anticipate little change in U.S. balance sheets.
USDA ‘good’ to ‘excellent’ readings come in slightly below expectations
Pro Farmer will launch this year’s Crop Conditions Index for both crops, providing a single, weighted, easy-to-track gauge
Oklahoma led declines after missing out on rains last week
Historic data shows it may be too early to write off a return to normal conditions
USDA projects U.S. 2026-27 ending stocks lower for corn, wheat, and soy compared to last year