One-Quarter Of U.S. Soybean Crop Remains Unplanted, USDA Says

DES MOINES, Iowa — The U.S. soybean is slightly more than three-fourths planted, while the corn crop is emerging nearly 20% slower than its five-year average.

Corn

In its Crop Progress Report Monday, the USDA pegged U.S. corn planting at 92% complete, behind the 100% five-year average.

The planting rate is equal to what the trade had expected. This leaves about 7.0 million acres left to be planted.

As of Sunday, Ohio farmers had 68% of that state's corn crop planted vs. a 100% five-year average. South Dakota farmers have 78% of their corn seeded, behind a 100% five-year average.

Also, 79% of the U.S. corn has emerged vs. a 97% five-year average.

In its report, the USDA pegged the corn crop as in 59% good/excellent condition, equal to a week ago.

Soybeans

In its report, the USDA pegged the U.S. soybean planting completion rate at 77% vs. a 93% five-year average. This leaves about 18.0 million acres of soybeans left to be planted.

Indiana and Illinois are the two major soybean-producing states well behind in planting completion with 64% and 70% respectively.

Also, 55% of the U.S. soybean crop has emerged vs. 84% five-year average.

Wheat

The USDA pegged the U.S. winter wheat harvest at 8% complete vs. a 20% five-year average.