USDA Reports 83% of Soybeans Harvested, 54% of Corn

The USDA says the tail end of this year’s U.S. soybean harvest is holding close to average. Conditions for most of last week were good for harvest activity in many key U.S. growing areas, which also allowed corn to catch up, at least somewhat.

As of Sunday, 83% of U.S. beans are harvested, compared to the five year average of 84%, and 54% of corn is harvested, up 16% on the week, but still well behind the usual pace of 72%. In what is probably one of, if not the last, condition rating of the season, 66% of corn is good to excellent, unchanged on the week and 8% less than this time last year.

84% of winter wheat is planted, compared to 87% on average, and 65% has emerged, compared to 68% typically this time of year. In the first rating of the season, 52% of winter wheat is rated good to excellent, compared to 58% a year ago.

40% of U.S. pastures and rangelands are in good to excellent shape, down 2% on the week.

The USDA’s next set of supply, demand, and production numbers is out November 9th.

Source: AgriMarketing

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