According to the Ag Department, this year’s U.S. corn harvest is complete, while the soybean harvest is just about wrapped up.
As of Sunday, 96% of soybeans are harvested, compared to 95% a year ago and the five year average of 93%, with Nebraska, South Dakota, and Wisconsin officially done harvesting for the year and all other Brownfield states at 89% or above.
The winter wheat crop continues to look problematic with the crop condition rating now at 36% good to excellent, down 3% from last week and 14% below this time last year. 95% is planted, compared to 95% a year ago and 94% on average, and 79% has emerged, compared to 81% both last year and on average.
USDA’s next set of corn and soybean production estimates is out December 11 and updated winter wheat projections are out January 11, along with the final 2012 U.S. corn and soybean crop numbers.