Monday will bring market-shaping reports on this year’s U.S. grain crop

Monday will bring market-shaping reports on this year’s U.S. grain crop

Monday reports from the USDA will give the latest number of acres planted to specific crops and existing stocks of grain. Crop conditions in the Midwest are now close to ideal with more moisture in soils and very few areas reporting drought conditions. The USDA has rated almost 75% of the corn crop “good” or “excellent.” That’s the best condition at this time of year since 1999