|US corn development continues to accelerate ahead of average, reaching 57% mature, 10 percentage points ahead of the long-term average. The condition of corn also gained last week, with now 59% of corn rated good and excellent. With the US harvest underway and corn conditions improving, corn has again been under pressure today.|
US soybean development is also remaining ahead of average, with 58% dropping leaves or harvested, again 10 percentage points ahead of average. Oilseeds have received a degree of support today, with Paris rapeseed pushing above €600/t again.
Winter wheat planting is also ahead of average in the US, reaching 21% complete of the expected area, marginally ahead of the 18% long-term average.
In Russia and winter sowing has reached 9.9Mha, only marginally behind the 10.2Mha in 2020.
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