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Source: Ben Potter, FARM FUTURES, 11/27/17
A week ago, USDA trimmed the 2017/18 U.S. winter wheat crop’s good to excellent rating from 54% to 52%. This week, USDA made similar cuts to that crop, cutting its’ G/E rating again, to 50%. The crop’s full breakdown is 7% rated excellent, 43% good, 38% fair, 9% poor and 3% very poor. The week prior, 8% of the crop was rated excellent, with another 44% rated good. For more of this story, click here.
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