CHICAGO: The US Department of Agriculture's weekly crop progress report should show a decline in US corn, soybean and spring wheat condition ratings, according to an average of estimates by 12 analysts polled by Reuters on Wednesday.
The report should show 66 percent of the US corn crop and 65 percent of the soybean crop rated in good to excellent condition. Both figures would be down 1 percentage point from the previous week.
For spring wheat, the average estimate was 38 percent good to excellent, down from 40 percent a week earlier.
Reflecting the impact of hot and dry conditions in the northern Plains spring wheat belt, the trade average is down sharply from a year ago, when the USDA rated 72 percent of the crop as good to excellent.
The government was scheduled to release its next weekly update at 3 p.m. CDT (2000 GMT) on Wednesday, two days later than normal due to Tuesday's Fourth of July holiday.
The US winter wheat harvest was seen as 55 percent complete, up from 41 percent a week ago.
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