USDA crop progress:
- US corn 76% harvested up from 63% last week (77% 5 year average);
- US soybeans 83% harvested up from 72% last week (89% 5 year average);
- Winter wheat 84% planted up from 78% last week (90% 5 year average).
Reports of quality concerns for US Corn with higher levels of Vomitoxin being present from this years harvest.
US China trade dispute – markets firmer as hopes increase of solutions following positive comments that the Chinese are prepared to negotiate as the dispute rumbles on.