The USDA says this year’s U.S. corn and soybean harvests are both about a third of the way complete, but the soybean pace has fallen behind average because of rain in some key U.S. growing areas.
As of Sunday, 34% of corn is harvested, compared to the five-year average of 26%, and 93% of the crop has reached maturity. 68% of U.S. corn is in good to excellent condition, 1% less than last week, but 4% more than this time last year.
32% of U.S. soybeans are harvested, compared to 36% on average, with several states slower than normal, including Iowa, Michigan, Minnesota, Ohio, South Dakota, and Wisconsin. 91% of beans are dropping leaves, compared to the usual pace of 85%. 68% of this year’s U.S. crop is rated good to excellent, unchanged on the week and up 7% on the year.
57% of U.S. winter wheat is planted and 30% has emerged, both slightly ahead of average.
48% of U.S. pastures and rangelands are in good to excellent condition, steady with a week ago.