Futures Close Report: 30th October 2017

US Harvest progress

• Corn 54% harvested up from 38% last week but well behind the 72% 5 year average pace;
• Soybeans 83% harvested up from 70% last week and just behind the 84% 5 year average pace;
• Winter wheat plantings reported 84% complete up from 75% last week. 52% reported in good / excellent condition so far – this is below analyst forecasted levels.