Lee:
The crop progress is of course new crop...the report has nothing to do with the Sept contract...it is NOT a comparison of old crop vs new crop....its just planting progress. I am not sure what you are confused about. The bullish planting delays is why we rallied a buck...now that planting is nearly complete....we are do for a correction (IMO). The only reason I say it is slightly friendly for tonight is because states are lagging behind the 10 year average.