U.S. Corn Farmers Have Picked 5% Of The Country’s Crop

DES MOINES, Iowa -- The U.S. corn harvest is already ahead of the country’s average pace, while the soybean crop conditions advance.

CORN

On Tuesday, the USDA Crop Progress Report pegged the U.S. corn crop as 5% harvested vs. a 3% five-year average.

Also, 68% of the corn crop is rated as good/excellent, slightly ahead of last week’s rating of 67%.

USDA pegged 86% of the corn crop as being in the dent stage vs. a 75% five-year average.

Also, as a hurricane bears down on the East Coast, it’s noteworthy that North Carolina farmers have harvested just 43% of their corn.

SOYBEANS

In its report, USDA pegged the U.S. soybean crop condition at 68% good/excellent, above 66% a week ago. Also, 31% of the soybean crop is dropping leaves, above a 19% five-year average.

WHEAT

For spring wheat, USDA pegged harvest at 92%.