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Corn Harvest Nears Completion in Latest Crop Progress Report
In the latest Crop Progress report, the USDA shows 93% of corn is now harvested, up from 88% the week prior and ahead of the 5-year average figure by two percentage points. Kansas, North Carolina, and Texas are reporting 100% harvest completion.
Winter wheat plantings are nearing completion as well, with 95% of the crop in the ground as of Sunday, November 19. 87% of winter wheat has emerged and 83% is rated in fair to excellent condition overall.
Nearby corn futures contracts are 2 to 2 ½ cents higher...
Corn Harvest 88%, Soybeans 95% Complete in Latest Crop Progress Report
In the latest Crop Progress report, the USDA shows 88% of corn is now harvested, up from 81% the week prior and two percentage points ahead of the 5-year average.
Nearby corn futures contracts are fractionally higher in early Tuesday trading following yesterday's rally. December corn was last trading nearly flat at $4.77 ½ per bushel.
The soybean harvest is nearly complete at 95%, up from the previous week's figure of 91%. The five-year average rate is also 91%...
Latest Crop Progress Shows Corn Harvest 71%, Soybeans 85% Complete
In the latest Crop Progress report, the USDA shows 71% of corn is now harvested, up from 59% the week prior and surpassing the 5-year average figure by five percentage points.
Nearby corn futures contracts are fractionally higher in early Tuesday trading.
85% of the soybean harvest is complete, up from the previous week's figure of 76%. This is two points behind year-ago progress but is seven points ahead of the 5-year average.
January soybeans were last trading 3 ½ cents higher at $13.11 a bushel...
CME Grain Futures Surge Amid Extreme Drought in Brazil, Pressuring Feeders Lower
Feeder cattle futures on the Chicago Mercantile Exchange plummeted to multi-month floors on Thursday, pressuring live cattle futures lower as well.
Most active January feeders touched their lowest level since June 28 and finished $5.525 lower at $245.375 per cwt. December live cattle hit a one-week floor and settled down $1.90 to $185.30 per cwt. Yesterday's sell-off lowered feeder futures into oversold territory.
A sharp rise in corn futures contributed to the downturn in feeders. December corn surged to the highest level since August and finished 13 cents higher at $5.05 a bushel...
Soybean Harvest Progressing at Rapid Pace in Latest Crop Progress Report
The corn harvest as of Sunday, October 15th, was up to 45% completion, according to the latest USDA survey. This figure outpaces 2022 progress by two points and is three points ahead of the 5-year average.
Corn in the mature stage is nearing completion at 95%. The condition of the corn crop was nearly unchanged from the previous week, with 29% rated fair, 43% good, and 10% excellent.
Nearby corn futures are trading 1 to 1 ¾ cents lower so far this morning...
Corn and Soybean Harvests Both Up to 23% in Latest Crop Progress Report
Corn mature was up to 82% in the latest Crop Progress report, up from 70% the previous week and 7 points ahead of the 5-year average rate.
The corn harvest is up to 23% completion as of Sunday, October 1st. This is ahead of 2022 progress at this time as well as the 5-year average rate of 21%.
States leading the corn harvest include North Carolina with 86% of their harvest completed, Texas with 78%, and Tennessee with 58%...
The condition of the 2023 corn...
The 2023 Corn Harvest Is Officially Underway
The week ending September 10th marked the first week of measurable corn harvest in the United States for 2023.
The USDA reports that 5 percent of this year’s corn crop has been harvested so far, which is on par with a year ago at this time and one point ahead of the 5-year average. Texas reports 62 percent of its corn crop has been harvested, while North Carolina has harvested 49 percent. Seven of the 18 primary corn-producing states have yet to begin their harvest activities...
Corn Plantings Near Completion, Soybeans Advance to 83%
Corn plantings in the latest week were reported at 92% completion, up from 81% the previous week and above the 5-year average of 84%.
Iowa and Missouri are nearly wrapped up with their corn plantings, each reporting 98%. North Carolina has 99% of its corn in the ground.
Corn emergence increased to 72% in the latest report, up 20 percentage points from the week prior. Emergence remains ahead of both the year-ago progress (58%) and the 5-year average (63%).
Nearby corn futures on the Chicago Mercantile Exchange were last trading...
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