The Crop Progress report released by the USDA on June 1 showed that the corn crop is nearly completely planted, and almost 85% emerged. The crop's condition remained steady from the previous week. Soybean planting is still slightly ahead of average, along with the emergence rate.

Corn

Farmers are wrapping up corn planting across all the major producing states. Illinois is completely finished with corn, and most other states aren't far behind. Colorado still has 21% of the corn crop to get planted, which is well behind the 5-year average of 97%. Texas is behind, too, with 83% of the crop in, compared to a 97% average at this time.

Corn is emerging nicely over the major producing states, with 84% of the overall crop popping out of the ground. This is 5 points ahead of the 5-year average. Farmers in Minnesota are seeing 95% of their planted crop emerge, which is 20 points ahead of the 5-year average.

The overall corn condition has held steady for the last week, with 74% of the overall crop in good/excellent condition, just 2 points behind the crop condition rating last year at this time. Ohio still has the most corn in good/excellent condition at 87%. While there isn't a lot of corn in poor/very poor condition overall, 12% of the Kentucky crop has hit that condition.

Soybeans

Soybean planting progressed nicely over the past week, going up 10 points over last week overall. This is 1 point ahead of the 70% average. Farmers in North Dakota made big progress, going from 54% of their soybeans planted last week to 75% planted this week, well ahead of the 61% 5-year average. Indiana farmers were also busy planting soybeans, going from 59% planted last week to 80% this week.

Weather must have been good for emergence, as the overall emergence rate grew to nearly 50% from 32% last week. Soybeans in Wisconsin went from 35% emerged last week to 61% emerged on Monday, a whopping 31 points ahead of the 5-year average. Soybeans emerging in Michigan are coming up ahead of the average, too, by a margin on 24 points. The Kansas soybean crop is only 14% emerged, compared to a 37% average and the beans in Missouri are behind average, too, with 16% of the crop emerged, compared to an average of 37%.