Monday, July 9, 2012

Crop Conditions Worsen


Corn Condition - Selected States: Week Ending July 8, 2012
[National crop conditions for selected States are weighted based on 2011
planted acreage]
----------------------------------------------------------------------------
  State     : Very poor :   Poor    :   Fair    :   Good   : Excellent 
-----------------------------------------------------------------------
                                   percent                          
Colorado .......:    16          22          31          28           3     
Illinois .......:    23          25          33          17           2     
Indiana ........:    27          34          27          11           1     
Iowa ...........:     5          13          36          40           6     
Kansas .........:    15          28          38          18           1     
Kentucky .......:    34          38          23           5           -     
Michigan .......:    13          28          26          29           4     
Minnesota ......:     1           4          18          62          15     
Missouri .......:    28          32          28          11           1     
Nebraska .......:     7          13          33          40           7     
North Carolina .:     2          16          35          37          10     
North Dakota ...:     1           4          21          64          10     
Ohio ...........:    12          24          36          25           3     
Pennsylvania ...:     3           9          33          42          13     
South Dakota ...:     3          10          27          51           9     
Tennessee ......:    29          32          27          11           1     
Texas ..........:     4           8          29          47          12     
Wisconsin ......:    12          19          26          36           7     
                :                                                           
18 States ......:    12          18          30          34           6     
                :                                                           
Previous week ..:     7          15          30          40           8     
Previous year ..:     3           6          22          52          17     
----------------------------------------------------------------------------
 Soybean Condition - Selected States: Week Ending July 8, 2012
[National crop conditions for selected States are weighted based on 2011
planted acreage]
----------------------------------------------------------------------------
      State     : Very poor :   Poor    :   Fair    :   Good    : Excellent 
----------------------------------------------------------------------------
                :                          percent                          
                :                                                           
Arkansas .......:     4          16          32          40           8     
Illinois .......:    17          25          38          18           2     
Indiana ........:    21          30          35          13           1     
Iowa ...........:     4          11          37          42           6     
Kansas .........:     8          25          42          24           1     
Kentucky .......:    23          39          30           8           -     
Louisiana ......:     1           9          35          46           9     
Michigan .......:    11          29          26          29           5     
Minnesota ......:     1           6          21          64           8     
Mississippi ....:     2           8          19          46          25     
Missouri .......:    23          31          33          12           1     
Nebraska .......:     5          14          40          38           3     
North Carolina .:     -           9          35          49           7     
North Dakota ...:     1           5          23          60          11     
Ohio ...........:    11          25          37          24           3     
South Dakota ...:     2          10          29          51           8     
Tennessee ......:    15          24          35          24           2     
Wisconsin ......:    11          20          28          36           5     
                :                                                           
18 States ......:     9          18          33          35           5     
                :                                                           
Previous week ..:     7          15          33          39           6     
Previous year ..:     2           6          26          52          14   

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The contents of any third-party letters/reports above do not necessarily reflect the opinions or viewpoint of G. Scott Hinton. They are provided for informational/educational purposes only.All sites refered to or displayed on this blog are available to anyone free of charge. The content of any message or post by G. Scott Hinton anywhere on this site is not to be construed as constituting market or investment advice. Such is intended for educational purposes only. Individuals should always consult with their own advisors for specific investment advice. This information is not to be construed as an offer to sell or a solicitation or an offer to buy commodities herein named. The risk of trading futures and options can be substantial.