Corn-planting finish line nears
There's just 5% of the nation's corn crop left to be planted. Farmers in four states are done and are within a handful of percentage points of the finish line in most other states, according to Monday's USDA-NASS Crop Progress report.
Farmers only got an additional 4% of the nation's crop in the ground in the last week, and by this time last year, the crop was not only basically all in the ground, but almost all of it had emerged. Monday's report shows 85% of the corn is out of the ground now, down from last year's 99% and the previous average of 92%.
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Though corn planting is close to its end -- an end that likely won't come easy based on what's expected to be largely a cool, wet week in much of the Corn Belt -- soybean planting's further off-pace. As of Sunday, 71% of that crop is in the ground vs. the normal pace of 97% planted by this time. Soybean planters made larger strides in the last week, though, moving from 57% to 71% in the last week. Of that crop, 48% has emerged, compared to last year's 88% by this week and the normal pace of 67%.
Monday's report also shows corn conditions are adding up to 63% good-to-excellent, 29% fair, and 2% to 6% very poor or poor, essentially unchanged from last week's report.