USDA Weekly Crop Progress Report Neutral for Corn, Soybeans, Wheat

OMAHA (DTN) — Corn harvest increased by 9 percentage points and soybean harvest increased by 18 percentage points in the week ended Oct. 9, according to USDA’s latest Crop Progress report released Tuesday due to the Columbus Day holiday.

The nation’s corn crop is 93% mature and 35% harvested, compared to 86% and 24% last week, 92% and 38% last year, and the averages of 88% and 38%. Corn condition held steady at 73% good to excellent.

“USDA said that 73% of the corn crop was rated good to excellent, resulting in the same DTN Corn Condition Index of 175 as a week ago,” said DTN Analyst Todd Hultman. “Tuesday’s report is neutral for corn.”

Ninety-one percent of the nation’s soybeans were dropping leaves and 44% was harvested, compared to 83% and 26% last week, 90% and 56% last year and averages of 88% and 47%. Soybean condition held steady at 74% good to excellent.

“USDA said that 74% of soybeans were rated good-to-excellent, resulting in the same DTN Soybean Condition Index of 178 as a week ago,” Hultman said. “Tuesday’s report is neutral for soybeans.”

Winter wheat planting is 59% complete, compared to 43% last week, 60% last year and a 60% average. Winter wheat is 34% emerged, compared to 20% last week, 29% last year and a 30% average.

“Tuesday’s report is neutral for winter wheat prices,” Hultman said.

Eighty percent of cotton had bolls opening, compared to 71% last week, 86% last year and an 81% average. Cotton harvested was reported at 22%, compared to 16% last week, 20% last year and a 20% average. Cotton condition worsened slightly to 16% poor to very poor, compared to 15% last week.

Eighty-nine percent of the rice crop was harvested, compared to 82% last week, 85% last year and a 78% average.

Sorghum harvest was 48% complete, compared to 41% last week, 49% last year and a 42% average. Sorghum condition fell slightly to 65% good to excellent, compared to 66% last week.

National Crop Progress Summary
	This	Last	Last	5-Yr
	Week	Week	Year	Avg
Corn Mature	93	86	92	88
Corn Harvested	35	24	38	38
Soybeans Dropping Leaves	91	83	90	88
Soybeans Harvested	44	26	56	47
Winter Wheat Planted	59	43	60	60
Winter Wheat Emerged	34	20	29	30
Cotton Bolls Opening	80	71	86	81
Cotton Harvested	22	16	20	20
Sorghum Mature	82	71	83	71
Sorghum Harvested	48	41	49	42
Rice Harvested	89	82	85	78

National Crop Condition Summary
(VP=Very Poor; P=Poor; F=Fair; G=Good; E=Excellent)
	This Week						Last Week						Last Year
	VP	P	F	G	E		VP	P	F	G	E		VP	P	F	G	E
Corn	2	6	19	53	20		2	6	19	53	20		3	7	22	48	20
Soybeans	2	5	19	54	20		2	5	19	54	20		3	8	25	48	16
Sorghum	1	5	29	51	14		1	5	28	52	14		2	6	26	55	11
Cotton	4	12	36	39	9		3	12	36	39	10		3	12	38	38	9