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Corn+Soybean Digest

Soybean Harvest Accelerates

The U.S. soybean harvest accelerated last week, while corn harvest progress remained ahead of schedule as weather remained mostly favorable across the Corn Belt.

U.S. soybean harvest jumped to 29% complete as of Sunday, up from 12% a week earlier and ahead of the five-year average of 25%, according to Monday afternoon’s weekly USDA crop update.

USDA pegged U.S. corn harvest progress at 31% as of Sunday, up from 22% last week and comfortably ahead of the five-year average of 20%.

Corn harvest progress was limited because many producers switched to concentrating on harvesting soybeans.

The Illinois corn harvest continued to speed along, reaching 60% complete by Sunday, up from 46% a week earlier and more than double the five-year average pace of 29%.

Illinois soybean harvest progress was put at 43%, up from 22% a week earlier and a five-year average of 25%.

Corn harvest is not progressing nearly as quickly in the top-producing state of Iowa, but remains ahead of normal at 13% done versus a five-year average of 9%.

Statewide, the moisture content of the Iowa corn crop in the field was estimated at 22%, with harvested corn moisture content averaging 18%.

The Iowa soybean harvest reached 35% done as of Sunday, up from only 11% a week earlier and ahead of the five-year average of 30%.

Editor’s note: Richard Brock, The Corn And Soybean Digest's Marketing Editor, is president of Brock Associates, a farm market advisory firm, and publisher of The Brock Report.
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