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USDA-96% of Soybeans, 90% of Corn Harvested


The end is in sight for the 2017 U.S. corn and soybean crops.

Weather was mixed throughout the season, from planting, to development, to harvest, but the USDA expects a new record high average yield for corn and an all-time high for soybean production following record planted acreage.

As of Sunday, 96% of U.S. beans are harvested, compared to 93% last week, 98% last year, and the five year average of 97%, while 90% of corn is harvested, compared to 83% a week ago, 96% a year ago, and 95% on average. The soybean harvest is officially over in Illinois, Louisiana, Minnesota, Mississippi, Nebraska, North Dakota, and South Dakota, and activity is over for the year on corn in North Carolina and Tennessee.

Winter wheat planting is complete, with 88% of the crop emerged, matching the usual pace, and 52% of the crop is rated good to excellent, down 2% on the week and 6% below a year ago.

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

Source: AgriMarketing

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