US Wheat crop progress report as per USDA

Wheat

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The USDA Crop Progress report indicates that approximately 76% of the winter wheat crop has been harvested, a notable increase from 65% at the same time last year. As for US spring wheat, by July 21th, 2024, 89% had reached the heading stage, a decrease from 92% the previous year. Additionally, 72% of the spring wheat crop is rated as good to excellent, a significant improvement from the 49% reported during the same period last year. Overall, the crop outlook in the US appears promising, suggesting a potentially robust supply this year.