The USDA overnight unveiled its initial assessment of the proportion of US winter wheat for harvest-25 rated as in “good” or “excellent” condition.

Investors had expected a 47% figure, according to a Reuters poll.

State Percent of crop rated good or excellent
 Change on last reading
Arkansas 10
California 90
Colorado 51
Idaho 46
Illinois 51
Indiana 67
Kansas 38
Michigan 61
Missouri 55
Montana 17
Nebraska 34
North Carolina 64
Ohio 71
Oklahoma 21
Oregon 60
South Dakota 44
Texas 30
Washington 49
18 states 38
Source: USDA. Condition data in percent. Change on week data in percentage points.