Agriculture

Overall Corn and Soybean Conditions Recover Little in A Week

Overall Corn and Soybean Conditions Recover Little in A Week

Many of the corn and 92% of soybeans grown within the major producing states are planted, with 94% of corn, and 83% of soybeans arose, following the USDA’s weekly Crop Progress Report released Monday. However, the situation of the corn crop varies widely.

The overall condition of the corn crop is about the same as the last week—with 56% rated excellent to excellent within the prime 18 corn-producing states. Corn rated excellent jumped up by solely one share level – to 9%. The trade anticipated an enhancement in situations from last week. One year ago, 76% of the corn crop was thought of in good to fantastic condition.

(At the moment’s U.S.-stage report from the Nationwide Agricultural Statistics Service is now not reporting corn planting progress, usually a sign that it’s practically full. However, that’s not the case on the state level. Illinois reports 95% of corn planted as of June 30. Indiana reports corn planting “all however wrapped up for the season” however no quantity, and Ohio reports 91% of corn planted.)

Circumstances within the eastern Corn Belt could have deteriorated. As of Sunday, Ohio’s corn was rated 31% good to excellent, down from 39% last week. Indiana corn is 39% good to excellent, down from 43%; Illinois is 42% good to excellent, down from 47%. Iowa’s crop improved barely, from 62% good to excellent a week earlier to 64%. Nebraska corn is among the many best, with 74% rated excellent to extraordinary, down barely from 77% last week.

The nation’s crop is rated 54% good/excellent, unchanged from last week however below 71% at this time last year.

This crop, too, varies extensively in the situation. In Nebraska, it’s rated 74% good/excellent. Ohio’s bean crop is just 28% good to excellent; 23% (greater than some other state) will get a poor rating.

The winter wheat harvest is now 30% complete vs. a 48% five-year average for this time of year. As can be anticipated, Texas is nearing completion, with 81% harvested vs. an 82% average.

About the author

Marion Hartnett

Marion Hartnett

Marion is leading of the agriculture column. He has a vast knowledge about the agrarian economy of the world and knows a lot about the processing industry. This hands-on experience of him has enhanced the quality of his articles, and hence, it enables a better ripple in the readers’ mind. He focuses in his work every time he is assigned a project, and his depth of concentration is immovable.