Friday, June 24, 2011

Just in from Washington

USDA Releases Disappointing Report on Crop Progress

Washington--USDA’s weekly crop progress report released Monday revealed disappointing numbers in crop conditions for cotton, winter wheat and soybean crops. The crop progress report currently rates 39 percent of the 2011 cotton crop as very poor to poor. This is a major shift from this time last year when only 5 percent of the 2010 cotton crop was rated as very poor to poor.

Winter wheat is also showing a major shift in crop conditions from a year ago. Just over 40 percent of the 2011 winter wheat crop is currently rated as very poor to poor, compared to only 9 percent last year at this time.

While soybean conditions have remained on track with last year’s numbers in most categories, there is a notable 4 percent drop in the percentage of the crop classified as excellent compared to 2010.

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