Good to Excellent rating CBOT Corn

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U.S. crop progress for the latest week looks as follows: Corn conditions remained UNCH with a good-to-excellent rating ofweekly-us-harvest051 74%; Corn harvested now stand at 15% competed and vs last week’s 9% and vs the 5yr average of 19%; Corn Mature stand at 73% and vs last week’s 53% and vs the 5yr average of 64% and Corn dented stand at 97% vs last week’s 93% and vs the 5yr average of 96%. Below is stacked bar chart showing the weekly harvesting pace for the 18 states who produced 95% of corn acreage in 2015. Traders now look ahead at the final estimate for maize production for 2016 in this afternoon’s CEC report