USDA Planting Progress/Crop Condition Highlights

Monday night's USDA planting progress & crop condition report said that US soybean plantings are now seen 87% planted versus last year at 83%, 78% a week ago and the five year average of 92%. Soybeans are 72% emerged compared to 69% last year and 83% for the five year average. Soybean conditions (first report of the year) are 6% poor to very poor and 66% good to excellent.

Corn is seen at 95% emerged versus 87% last year and 98% for the five year average. Corn conditions are 5% very poor to poor and 70% good to excellent, that's up one point from last week.

Spring wheat emergence is at 93% even after the difficulties in planting the crop this year. The five year average is 99%. Spring wheat conditions jumped from 72% to 75% good to excellent this week.

Winter wheat conditions deteriorated this past week to 29% poor to very poor from 28% last week. The good to excellent ratings stayed the same at 44% but slipped 1% from excellent to good. Winter wheat harvesting is 9% complete versus the 19% five year average