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USDA Crop Progress: U.S. Corn Harvest Jumps to 65%

USDA Crop Progress: U.S. Corn Harvest Jumps to 65%

Winter wheat 90% planted, 77% emerged in USDA Crop Progress Report

Combines were rolling last week and through the weekend with the U.S. corn harvest now 65% done, a nearly 20 point jump from a week ago, and just 8 points back from the five-year average,  USDA said in its Crop Progress Report on Monday.

A surge in harvest had been expected because of clear weather most of last week and through the weekend.

The soybean harvest surged 13 points to 83% done to match the five-year average pace.

The harvest paces topped expectations as Farm Futures had forecast 59% for corn and 79% for soybeans and analysts in a Reuters poll, on average, expected 60% for corn and 81% for soybeans.

Winter wheat 90% planted, 77% emerged in USDA Crop Progress and Condition report

The harvests of both crops were far enough along that USDA discontinued its condition ratings.

In Iowa, the top corn and soybean producer, corn harvest was 61%, a 25 point jump from a week earlier, and compares with 72% a year ago and the 75% average. Soybeans were  91% harvested versus 94% a year ago and the 90% average.

Winter wheat 59% good/excellent vs 63% year ago
Winter wheat planting was at 90% as of Sunday versus 90% a year ago and the 89% average.

The crop was 77% emerged versus 76% a year ago and the 72% average. It was rated 59% good to excellent, unchanged from last week and compared with 63% a year ago.

Kansas, the largest wheat producer, was at 93% planted and 82% emerged versus the averages of 94% and 80%.  Wheat there was rated 64% good to excellent.

Cotton: 50% harvested, 95% had bolls open
The cotton harvest at 50% was ahead of 2013's 42% but trailed the 51% average. Bolls were open on 95% of the crop, unchanged from a year ago and slightly behind the 97% average.  Crop condition stayed at 48% good to excellent, with excellent gaining 1 point to 11% and good losing 1 to 37%.

Sorghum was 65% harvested and 94% mature, versus the respective year ago numbers of 74% and 99% and averages of 70% and 95%.

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