New Delhi — The US spring wheat harvest for the 2019-2020 (June-May) crop reached 87% in the week to September 22, led by slower harvests in Montana and North Dakota, latest data from the US Department of Agriculture showed.
The estimate for harvest progress during the week ended September 22 was above market expectations of 83%, but below the year-ago pace of 99% and the five-year average of 97%, the data released late Monday showed.
The spring wheat harvest in North Dakota is continuing at a slower-than-usual pace, reaching 85% in the week ended September 22, down from 99% in the same period a year earlier, according to a separate report released by the USDA's National Agricultural Statistics Service.
North Dakota is expected to produce 8.7 million mt of spring wheat in 2019-2020, the largest volume of any US state.
Spring wheat harvest in Montana was seen trailing at 80%, compared with 97% a year ago, the NASS data showed.
Montana is expected to produce 2.3 million mt of spring wheat in 2019-2020, the USDA earlier said in its crop production report.
WINTER WHEAT PLANTING
Winter wheat planting for the 2020 crop season in the key states reached 22% in the week to September 22, up from 8% a week ago. The 2020 wheat crop season will begin June 1, 2020.
The latest week estimates for winter wheat planting were above the market expectations of 18%.
A good pace of planting progress was seen in Nebraska and Colorado, while planting is seen trailing sharply in South Dakota, according to the USDA data.
The most-active hard red spring wheat futures on the Minneapolis Grain Exchange rose from the last close of $5.30 per bushel to reach $5.38/bu midsession Tuesday.
Markets were reacting to wet weather conditions seen in North Dakota and southern Canada that could impact quality of spring wheat crops, according to sources.
However, the most-active winter wheat contracts, traded on the Chicago Board of Trade and Kansas City Board of Trade, both drifted lower during the intra-day session Tuesday.
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