USDA Reports 31% Of Corn, 44% Of Soybeans Have Been Harvested

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The U.S. corn and soybean harvests have pulled ahead of average. That is thanks to a generally dry pattern in much of the Midwest and Plains last week along with cool to seasonal temperatures in much of the region.

The USDA says that as of Sunday, 31% of U.S. corn is harvested, compared to the five-year average of 30%, with 87% of the crop mature, compared to 87% on average, and 54% rated good to excellent, up 2% on the week.

44% of soybeans are harvested, compared to the usual rate of 38%, and 91% are dropping leaves, compared to 88% on average, with 57% of the crop called good to excellent, 2% higher.

55% of winter wheat is planted, compared to 58% on average, with 26% of that emerged, compared to 32% typically in mid-October.

29% of cotton is harvested, compared to 25% normally this time of year, with 84% of bolls opening, compared to the five-year average of 81%, and 30% of the crop in good to excellent shape, 1% lower.

81% of rice is harvested, compared to 82% on average.

23% of U.S. pastures and rangelands are in good to excellent condition, 1% below a week ago.

The USDA’s updated supply, demand, and production numbers are out at Noon Eastern/11 Central.