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Markets Keep Busy at Mid-Week
CHICAGO - Oct 11/06 - SNS -- International agriculture commodity markets were relatively busy at mid-week, with Jordan and Japan buying wheat and corn, and Taiwan issuing a Friday tender for U.S. corn.
This year's corn harvest in the United States is now 29% complete as of October 8, compared to 20% last week and 35% last year. Harvest progress was slower than expected by the industry, with markets expected 35% of the corn to have been in the bin by the beginning of the week.
Winter wheat planting progress as of October 8 stood at 69% complete compared to 54% last week and 68% last year. The 16 year average planting progress for this time of year is 67%.
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