May 17, 2016
According to the latest USDA Crop Progress report, farmers were able to make some significant strides in planting corn and soybeans over the past week to continue with ahead-of-average pace. And despite the cold weather, crops continue to make good emergence progress.
Farmers across the 18 major corn-planting states have 75% of the crop in the ground as of May 15, 11 points ahead of last week, and 5 points ahead of the 70% five-year average for this time of year. Big progress was made in Nebraska and Wisconsin where farmers have gone from 53% to 74% and 56% to 76% of the corn planted, respectively. Farmers in Missouri are nearly done planting corn, with the report showing 96% of the corn planted for that state, well ahead of the 78% average.
Corn seedlings are popping out of the soil across all 18 states. Forty-three percent of the overall corn crop has emerged. Last week just over one-quarter of the crop had come up. In spite of the cooler weather in Minnesota, the corn crop went from 25% emerged last week to 53% on May 15, more than double the five-year average pace of 25% for this time of year.
Just over one-third of the overall soybean crop has been planted, up 13 points from last week's 23%. Louisiana made big planting progress going from 45% of the soybeans planted to 72% in the ground this week. Other states that have planted more than half of their soybeans include Arkansas (62%), Minnesota (63%), Mississippi (72%) and North Dakota (52%).
Soybeans are emerging in nearly all top producing states with the exception of Michigan. Just 10% of the overall crop is making its way out of the ground, right about on pace with the 9% five-year-average. The only states with emergence ahead of average pace are Mississippi (55% emerged versus an average of 46%) and North Dakota (6% emerged versus 2% average).
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