USDA Crop Progress Report

U.S. corn and soybean planting both remain ahead of average. That’s despite last week’s heavy rainfall in some areas, including flooding, severe storms, and the loss of human life, with most forecasts showing a good near-term planting window for much of the region this week.
The USDA says 83% of U.S. corn is planted as of Sunday, compared to 89% a year ago and the five-year average of 82%, with 58% of the crop emerged, matching the normal pace.

• 68% of U.S. soybeans are planted, compared to 78% last year and 63% on average, with 39% emerged, compared to the usual rate of 36%.
• 48% of U.S. winter wheat is rated good to excellent, down 1% on the week, with 77% headed, compared to 69% on average.
• 88% of spring wheat is planted and 61% has emerged, both ahead of the respective averages.
• 60% of cotton is called good to excellent, compared to last season’s first rating of 48%, with 59% planted, compared to 57% on average, and 4% squaring, just behind the usual pace.
• 78% of rice is in good to excellent condition, 4% less than last week, with 96% planted and 83% emerged, faster than average.
• 42% of sorghum is planted, compared to the five-year average of 37%.
• 48% of U.S. pastures and rangelands are in good to excellent shape, a week-to-week decline of 1%.

Source: AgriMarketing.com