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As we move into mid-July, how's the American wheat crop fairing? USDA Meteorologist, Brad Rippey, recently took a look at how the winter crop is progressing.

"It shows a somewhat disappointing crop in the North but overall pretty good conditions further South. And you've got winter wheat crop that finishes the year 47% good to excellent 23% very poor to poor. Compare that to last year when we had 52% of the crop good to excellent and just 17% very poor to poor. Even worse news as you move in to spring wheat country. We have a crop that is being accelerated buy heat and drought in terms of development. That of course comes at the expense of yield potential."

And when it comes to spring wheat.

"Another terrible week and we now see just 16% of the spring wheat rated good to excellent. A week ago that number was 20%. Now an incredible 50% of the crop rated very poor to poor. That's a huge increase from last week's 39%."

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