USDA Reports 16% Of Corn, 14% Of Soybeans Harvested

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The USDA says this year’s national corn and soybean harvests stayed ahead of average last week, despite delays in some areas because of heavy rainfall.

As of Sunday, 16% of U.S. corn is harvested, 97% has dented, and 72% has reached maturity, all ahead of the respective five-year averages of 11%, 93%, and 53%. 69% of the crop is rated good to excellent, up 1% on the week.

14% of U.S. soybeans are harvested and 71% are at the leaf dropping stage, also faster than the usual paces of 8% and 57%, respectively, with 68% of the crop in good to excellent shape, also up 1% from a week ago.

28% of winter wheat is planted, compared to 26% normally this time of year, while the spring wheat harvest is officially wrapped up.

45% of U.S. pastures and rangelands are called good to excellent, a 1% week to week improvement.

The USDA’s updated small grains production numbers are out Friday, with new supply and demand estimates due October 11th.

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