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97% of U.S. corn, 88% of soybeans planted

U.S. corn and soybean planting should be able wrap up in the next few days if weather cooperates. Most forecasts for the early part of this week do show generally hot, dry conditions in much of the Midwest and Plains.

The USDA says 97% of corn is planted, matching the five-year average, and 88% emerged, compared to 89% on average, with 72% of the crop rated good to excellent, 1% less than last week.

88% of soybeans are planted, in-line with the normal rate, and 70% has emerged, compared to 74% on average, with 70% called good to excellent, 8% above the first rating a year ago.

86% of winter wheat has headed, compared to 90% on average, and 10% has been harvested, compared to the usual pace of 12%, with 31% of the crop in good to excellent shape, 1% higher than the previous week.

94% of spring wheat is planted, compared to 99% typically in mid-June, and 72% has emerged, compared to the five-year average of 93%, with 54% of the crop reported as good to excellent, 17% more than the first rating in 2021.

90% of the U.S. cotton crop is planted, compared to 88% on average, and 14% is squaring, compared to 15% normally, with 46% of the crop in good to excellent condition, a week-to-week decline of 2%.

95% of rice has emerged, compared to the five-year average of 94%, with 73% reported as good to excellent, a gain of 1%.

31% of pastures and rangelands are rated good to excellent, up 3% on the week.

The USDA’s planted area totals are out June 30th with updated supply, demand, and production numbers scheduled for July 12th.

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