October 23, 2023
USDA’s latest crop progress report, out Monday afternoon and covering the week through October 22, held some highly anticipated harvest data for several crops, including corn, soybeans and a series of important regional crops. USDA also updated its planting data for the 2023/24 winter wheat crop in today’s report.
Corn harvest moved from 45% complete a week ago up to 59% as of Sunday, mirroring analyst expectations. That puts this year’s effort on equal footing with 2022’s pace and moderately ahead of the prior five-year average of 54%.
Soybean harvest also made solid progress this past week, moving from 62% in the prior week up to 76% through Oct. 22. That was slightly below the average trade guess of 77%, and two points behind 2022’s pace of 78%, however. Still, it remains noticeable above the prior five-year average of 67%.
Other regional crops also made some harvest progress last week, including:
Sorghum = 67% (up from 53% last week)
Cotton = 41% (up from 33% last week)
Peanuts = 55% (up from 42% last week)
Rice = 91% (up from 88% last week)
Sugarbeets = 72% (up from 50% last week)
Sunflowers = 27% (up from 12% last week)
Winter wheat plantings for the 2023/24 season moved from 68% a week ago up to 77% as of Sunday. That puts the current effort slightly behind 2022’s pace of 78% and the prior five-year average of 78%.
Click here for more data from the latest UDSA crop progress report, including state-by-state pasture and range conditions.
Read more about:Crop Progress
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