USDA Crop Progress/Condition Report Highlights

In it's eagerly awaited Monday night report the USDA rated corn good /excellent up 2 percentage points to 59%, in line with expectations.

Soybeans good/excellent were up one point to 57% and planting progress was pegged at 91% done, in line with expectations of 90-95% finished.

Winter wheat crop condition was one pip down good/excellent to 46% , however again spring wheat showed promising gains to 72% good/excellent, five points up on last week. Thats a fifteen percent gain in the last three weeks.