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fyi -U.S. Crop Rating Update

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    fyi -U.S. Crop Rating Update

    released yesterday aft . . . .

    SOYBEANS: Now rated 65% good-to-
    excellent compared to 67% a week ago and
    34% last year at this time. The ten (10)
    year average is 60%.

    CORN: Now rated 66% good-to-excellent
    compared to 68% last week . . . last
    year rated 31%. The ten (10) year
    average is 64%.

    WHEAT: U.S. harvest now 67% complete.
    The ten (10) year average is 71%
    harvested at this time of year. U.S.
    harvest appears to be catching up with
    yields slightly higher than expected.
    Black Sea wheat prices remain at a sharp
    discount to Cdn and U.S. export prices.
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