Farms.com Home   News

Crop Progress: Winter Wheat Condition 33% Good

Crop Progress: Winter Wheat Condition 33% Good

For the week ending Jan. 23, 2022, topsoil moisture supplies rated 21% very short, 52% short, 27% adequate, and 0% surplus, according to the USDA's National Agricultural Statistics Service. Subsoil moisture supplies rated 18% very short, 49% short, 33% adequate and 0% surplus.

Field Crops Report:

Winter wheat condition rated 8% very poor, 11% poor, 45% fair, 33% good and 3% excellent.

The next report is currently scheduled to be issued Feb. 22, 2022 but may change due to the federal holiday on Feb. 21.

Source : unl.edu

Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.