PIXABAY.com
On Monday, the U.S. Department of Agriculture (USDA) released its Crop Progress and Condition report showing the condition of winter crop at an all-time low.
According to ING, the winter wheat crop condition remains poor due to extended drought conditions in major producing regions.
USDA rated 27% of U.S. winter wheat in good-to-excellent condition, unchanged from a week ago and the lowest for this time of year in records dating to the late 1980s.
