USDA-5% of Corn Yet to Be Harvested, Soybeans Completed

The U.S. corn harvest remains slower than average, but is expected to wrap up within the next few days. Forecasts for most of the Cornbelt much of this week are generally dry. At least statistically, the 2017 soybean harvest is over.

As of Sunday, 95% of the U.S. corn crop is harvested, compared to 90% a week ago and 98% both a year ago and for the five year average. Harvest has officially wrapped up in Missouri, North Carolina, and Tennessee. Ohio and Wisconsin are both 9% slower than their respective average paces.

92% of winter wheat has emerged, matching the normal pace, and 50% of the crop is in good to excellent condition, down 2% on the week and 8% below last year.

The USDA’s final 2017 corn and soybean production totals and the first official winter wheat acreage numbers of the season are all out in January.

Source: AgriMarketing

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