22% Of U.S. Corn, 12% Of Soybeans Planted

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U.S. corn and soybean planting lagged again last week. That was due to more wet, cooler than normal weather in some key growing areas, but forecasts for most of the Midwest this week have warmer, drier conditions, which should help planting pick up steam.

The USDA says 22% of U.S. corn had been planted as of Sunday, compared to the five-year average of 50%, with 5% emerged, compared to 15% on average.

12% of soybeans are planted, compared to 24% normally in early May, with 3% emerged, compared to 4% on average.

29% of U.S. winter wheat is in good to excellent shape, 2% above a week ago, with 33% of the crop headed, compared to the usual rate of 40%.

27% of spring wheat has been planted due to wet, cold conditions in the northern U.S. Plains, compared to 47% typically this time of year, with 9% emerged, compared to the five-year average of 15%.

24% of this year’s cotton crop is planted, matching the normal pace.

66% of rice is planted, compared to 67% usually this time of year, with 37% emerged, compared to 49% on average.

The USDA’s next round of production estimates is out Thursday at Noon Eastern/11 Central.