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“USDA weekly crop rating slipped below expectations at 57% G/E, down 3% from last week. This is also below the five-year average of 60%. A total of 17% of the crop was rated poor to very poor, up 2% over last week and 9% higher than last year. Recent changes in monetary policy by the U.S. Treasury have pressured the U.S. Dollar to a three-month low and provided support into ag commodities,” Doherty said.





