Soybeans Jump to 19% Planted in Latest Crop Progress Report

USDA’s latest Crop Progress Report shows a significant gain in planted soybean acres. While cold weather has tempered corn planting progress, soybeans are now well ahead of the five-year average, gaining 10% progress in just one week and 12 points ahead of last year. While cold weather doesn’t favor corn, corn growers are keeping up with the previous year’s pace, as 26% of the nation’s corn acres are reported as planted. Soybeans are pegged at 19% completed.

Despite the progress on corn, only 6% of acres have emerged. Unchanged from last week, North Dakota farmers have still yet to begin corn planting, flatlined compared to the 3% progress the state usually sees this time of year. Missouri, Tennessee, Kentucky and Illinois maintain significant corn planting gains. Now Arkansas, Louisiana, Missouri, Illinois and Iowa are seeing breakneck speed for soybean planting this year.

Read more on the latest Crop Progress Report here.