Frontrunner - 11th April 2024

The latest weekly crop condition and progress report from the US highlights a positive outlook for production potential. Winter wheat maintained a steady condition, seen 56% ‘good/excellent’, which is unchanged on the week. However, this is significantly higher than the same period last year when just 27% of the crop was seen looking this well. Kansas is the number one producing state and edged one point higher on the week, to 49% ‘good/excellent’.

Spring wheat and corn planting is off to a good start with the US spring wheat area 3% planted, as expected, up from 1% last week and last year, and unchanged from the five year average.

The US corn area is 3% planted, which is the same as last year but ahead of the five-year average of 2%. It is important to bear in mind that the United States Department of Agriculture (USDA) sees US farmers notably cutting their corn planted area to just over 90 million acres, down from 94.6 million acres last year.

During current intense volatility, markets can move significantly - sometimes in a matter of minutes and outside regular hours. Our MyFarm platform is free to Frontier customers and offers 24-7 access to market information and live grain prices, as well as the option to sell grain at a time that's more convenient. Find out more: www.frontierag.co.uk/myfarminfo

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