NASS USDA published the data report on the state of winter crops in the United States. According to the monitoring data, at the beginning of this week 34% of U.S. winter wheat crop was in good and excellent condition, 1% less than during previous week, and 2% less than at the same time a season earlier. 34% is in satisfactory condition, 2% less than a week before, and 1% less than a year earlier. 32% are in poor and very poor condition, which is 3% less than last week, but 1% more than on the same date during last season.

In addition, for the first time this year NASS experts published data on the sowing campaign of spring crops in the United States. Thus, in particular, corn sowing process in the U.S., according to NASS experts, to date is completed by 3% of the area planned. This is twice less than at the same time a season earlier, even despite the fact that total area under corn in the United States in 2014, is expected to decline.

Such a disturbing dynamics is related primarily to adverse agro-meteorological conditions that dominate on American prairies. This creates a growing tension in the market, which is reflected in the dynamics of prices for U.S. grains in a most bullish manner.