Ninety-three percent of the nation’s corn and 95% of the soybeans were harvested as of Nov. 8, according to USDA’s latest weekly Crop Progress report.
Corn is 93% harvested, compared to 85% last week and an 88% five-year average. “Monday’s report was neutral-to-bearish for corn,” said DTN Analyst Todd Hultman.
Soybeans are 95% harvested, compared to 92% last week and a 93% five-year average. “Monday’s report should be viewed as neutral for soybeans,” Hultman said.
Winter wheat planting is 92% complete, compared to 88% last week and a 94% five-year average. Eighty percent of the crop is emerged, compared to 72% last week and an 80% five-year average.
“USDA said 51% of winter wheat was rated good-to-excellent, resulting in a five-point increase in the DTN Winter Wheat Condition Index to 137, which was down from 157 a year ago and down from the five-year average of 129,” Hultman said. “Monday’s report is neutral-to-bearish for wheat.”
Eighty-five percent of sorghum is harvested, compared to 79% last week and an 82% five-year average.
Fifty-eight percent of the cotton crop is harvested, compared to 50% last week and a 65% five-year average.
|National Crop Progress Summary|
|Winter Wheat Planted||92||88||93||94|
|Winter Wheat Emerged||80||72||82||80|
|National Crop Condition Summary|
|(VP=Very Poor; P=Poor; F=Fair; G=Good; E=Excellent)|
|This Week||Last Week||Last Year|