The USDA overnight unveiled its first assessment of the proportion of US winter wheat for harvest-27 rated as in “good” or “excellent” condition.

Investors had expected a 50% figure, according to a Reuters poll.

State Percent of crop rated good or excellent
 Change on week
Arkansas 41 n/a
California 85 n/a
Colorado 37 n/a
Idaho 76 n/a
Illinois 58 n/a
Indiana 68 n/a
Kansas 47 n/a
Michigan 65 n/a
Missouri 73 n/a
Montana 57 n/a
Nebraska 67 n/a
North Carolina 67 n/a
Ohio 68 n/a
Oklahoma 25 n/a
Oregon 46 n/a
South Dakota 36 n/a
Texas 33 n/a
Washington 25 n/a
18 states 44 n/a
Source: USDA. Condition data in percent. Change on week data in percentage points.