Tuesday Morning Snippets

The USDA crop progress report said that corn is rated 21% mature, compared to 55% on average. Good/excellent fell one point to 68% - still a very decent percentage for this time of year.

Beans good/excellent also fell one point. Nationally 48% of the crop is dropping leaves compared to 58% normally. Illinois & Indiana are well behind maturity at 20% and 40% dropping leaves versus 56% and 66% normally.

Spring wheat is 85% harvested, against 96% normally, with top-producer ND struggling to make up for late planting at 77% done versus 95% on average.

Winter wheat is 24% planted, in line with the average of 25% at this time in the season.

Mexico's National Farmers Confederation say that 250,000 ha of corn have been wiped out by drought.

The Indian government are still sitting on whatever wheat stocks they have, despite domestic prices having risen by almost 5% during September.

Parts of South Australia and Victoria have had their biggest rain since last year, widespread 15 to 30 millimetres, reaching some drought affected areas. That should be sufficient to see the wheat crop through to harvest. Queensland missed out.