According to the latest USDA Crop Progress report, corn and soybean harvests remain below average. As of October 2, 20% of the nation’s corn crop has been harvested, 2 points behind the five-year average. In the top corn-growing states, fields were unchanged with a 52% good-to-excellent rating.
On the soybean side, just 22% has been harvested compared to a five-year average of 25%. Soybean conditions remained unchanged with 55% of the U.S. soybean crop rated good to excellent for the third consecutive week. Meanwhile, 40% of winter wheat has been planted and 15% has emerged, four and two points behind the five-year averages.
Read more on harvest progress and the latest USDA crop progress and conditions report here.
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