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U.S. Corn Harvest Is 5% Complete, USDA Reports
On Monday, the USDA kept its U.S. soybean crop ratings little changed, while maturity rates for corn continue to lag averages.
As of Sunday, 5% of the U.S. corn crop had been harvested, compared with a 6% five-year average.
Also, 61% of the U.S. corn crop had been rated good/excellent, equal to 61% a week ago, according to the USDA Crop Progress Report Monday.
USDA pegged the amount of the U.S. corn in the dough-growth period at 96%, compared with a 97% five-year average.
For corn, 75% of the crop has reached the dented growth stage vs. a 81% five-year average.
Also, 21% of the corn crop has matured vs. a 31% five-year average.
For soybeans, the U.S. soybean crop good/excellent rating is at 60%, equal to last week’s 61% rating.
The USDA pegged soybean leaf-dropping at 22% vs. a 25% five-year average.