U.S. producers are slower in bringing corn and soybeans out of the fields this year, according to the USDA Crop Progress report released on Monday.
USDA, in its report, indicated the soybean harvest is 64% complete, well behind 74% a year ago, but slightly ahead of the five-year average of 65%.
For corn, 41% of the crop has been combined, below 48% a year ago, and a 43% five-year average. Also, the corn crop is rated 61% good/excellent, 24% fair, and 15% very poor-poor.
For winter wheat, 79% of the crop has been planted, compared to 78% a year ago. Plus, 52% of the crop has emerged, above 51% a year ago.
The U.S. cotton crop is rated 42% good/excellent, 29% fair, and 29% very poor-poor. Also, 39% of the crop is harvested, above 36% a year ago. USDA reported 92% of the bolls were open, above 89% a year ago.
U.S. producers are slower in bringing corn and soybeans out of the fields this year, according to the USDA Crop Progress report released on Monday.








