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U.S. corn harvest nears completion

The U.S. corn and soybean harvests are nearing completion, while the cotton crop is three-fourths picked, according to the USDA Crop Progress report released on Monday.

The corn harvest is 94% complete, soybeans 96%, and cotton 76%.

Also, 57% of the winter wheat crop is rated good/excellent, up from 55% a year ago.

Separately, Dow Jones Newswires reported on Monday that Brazil's soybean crop is 70% planted, a little ahead of schedule with the help of favorable weather.

The U.S. corn and soybean harvests are nearing completion, while the cotton crop is three-fourths picked, according to the USDA Crop Progress report released on Monday.

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