Market News

U.S. corn, soybean development, harvest behind normal

USDA reports U.S. corn and soybean development, and harvest, continues to move slower than average, but both crops remain in fairly good shape.

As of Sunday, 91% of corn has dented, compared to 99% this time last year and the five year average of 93% and 40% has reached maturity, compared to 86% a year ago and 55% on average. 7% of corn is harvested, compared to 37% last year and 16% on average. 53% of corn is rated good to excellent, up 2% on the week.

47% of soybeans are dropping leaves, compared to 71% a year ago and 56% on average, while 3% is harvested, compared to 21% last year and 9% on average. The condition rating on beans held steady at 50% good to excellent.

93% of spring wheat is harvested, compared to 100% a year ago and 93% on average.

23% of winter wheat is planted, compared to 23% last year and 24% on average.

34% of U.S. pastures and rangelands are in good to excellent shape, unchanged on the week.