News

USDA: 85% of soybeans, 66% of corn harvested

The U.S. corn and soybean harvests were both able to make advances ahead of a winter-like storm in much of the Midwest and Plains, but both remain slower than normal. Planting got off to an historically slow start, conditions varied widely during development, and periodic bursts of cold temperatures and snow in parts of the region have limited harvest activity.

As of Sunday, 66% of corn is harvested, compared to 52% a week ago and the five-year average of 85%, and 85% of soybeans are harvested, compared to 75% last week and 92% on average.

92% of the winter wheat crop is planted, matching the normal pace, while 78% has emerged, compared to 81% typically this time of year. 54% of the crop is in good to excellent shape, down 3% on the week.

62% of the cotton crop is harvested, compared to 59% usually in early November.

The USDA’s next set of supply, demand, and production numbers is out December 10th.