The U.S. corn and soybean harvests are nearly complete, according to the USDA's weekly Crop Progress Report.

On Monday, USDA estimated the corn harvest as 94% complete, above 89% a year ago.

For soybeans, 97% of the crop has been harvested, above 94% from a year ago and the five-year average.

As of Sunday, the U.S. winter wheat crop was 95% planted, slightly ahead of 96% from a year ago. Plus, 82% of the winter wheat crop hasa emerged, slightly behind 86% from a year ago. USDA rated the winter wheat crop 16% very poor-poor, 35% fair and 49% good/excellent.

USDA, in its report, estimated the cotton crop as 74% harvested, slightly below 70% a year ago.

The U.S. corn and soybean harvests are nearly complete, according to the USDA's weekly Crop Progress Report.