Corn farmers have 82% of the 2020 corn crop out of the field, a 10% progress jump in the last week, according to Monday’s USDA-NASS Crop Progress report. Though it fell just short of average trade estimates, it’s 13% ahead of the previous average pace, and a staggering 33% above last year’s progress at this time. Soybean harvest is 16% ahead of last year at this time, at 87% complete as of Sunday; like corn progress, soybean harvest came in just shy of trade estimates. Progress remains largely variable, with farmers in states like Ohio still well behind the national average pace. Crop quality was largely unchanged for both soybeans and corn, and with harvest progress, the crops look to remain in relatively good condition through harvest’s end. See more of the latest progress data.
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