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Futures One Crop Progress Report *AUDIO* | KRVN Radio

Futures One Crop Progress Report *AUDIO*

Futures One Crop Progress Report *AUDIO*

Corn silking was pegged at 35% as of Sunday, July 21, still far behind the five-year average of 66%. Corn was rated 57% in good-to-excellent condition, down one percentage point from last week and way down from the 72% rating seen last year at this time, according to this week’s USDA NASS Crop Progress report. This could be good for the grain bulls as many analysts were expected a 58% good to excellent rating. In a Statewide look Nebraska’s crop was rated at 77% good to excellent, Kansas was rated at 57% good to excellent. The best corn in the nation looks to be in Tennessee with a rating of 85% good to excellent.

Soybeans nationally have reached 40% blooming. A far cry from a year ago’s 76% blooming and about 26% behind the five year average. Soybeans setting pods is also behind nationally at 7%. Nebraska soybeans have set 8% pods, 17% less than a year ago. Kansas soybeans have set 6% pods, 9% behind a year ago. Analysts expected soybeans to be unchanged week to week at 54% good to excellent. The USDA confirmed these numbers. Nebraska’s crop is rated at 73% good to excellent. Kansas is rated at 50% good to excellent.

Winter wheat harvest rolled across Kansas with last week’s heat. Nationally the harvest is still 10% behind at 69% complete. Rains may have delayed a few harvesters in Nebraska as harvest nears 33% complete, as compared to 76% a on the five year average.

Topsoil moisture remained fairly similar with Kansas rated 73% adequate to surplus and Nebraska at 87% adequate to surplus.

Clay Patton breaks down the report here: http://bit.ly/32GiyLb

To view weekly crop progress reports issued by National Ag Statistics Service offices in individual states, visit http://www.nass.usda.gov. Look for the U.S. map in the “Find Data and Reports by” section and choose the state you wish to view in the drop-down menu. Then look for that state’s “Crop Progress & Condition” report.

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