Futures One Crop Progress Report *AUDIO*

U.S. corn and soybean conditions held mostly steady last week, but both crops are still significantly behind the average pace in reaching maturity, according to USDA NASS’ latest Crop Progress report released Monday.

NASS estimated that, as of Sunday, Sept. 15, the U.S. corn crop was 55% in good-to-excellent condition, unchanged from the previous week. That’s still the lowest good-to-excellent rating for the crop at this time of year since 2013.

Only 18% of corn was estimated mature as of Sunday, according to NASS. Last year at this same time, half of the crop (51%) had reached maturity. The current maturity is also 21 percentage points behind the five-year average of 39%. That’s further behind average than in last Monday’s report, when maturity was 13 percentage points behind the five-year average.

Corn in the dough stage was estimated at 93%, 5 percentage points behind the five-year average of 98%. Corn dented was 68%, 19 percentage points behind the five-year average of 87%.

“Fifty percent or less of corn is dented in Michigan, Ohio, Wisconsin and South Dakota,” said DTN Lead Analyst Todd Hultman.

In its first corn harvest report of the season, NASS estimated that 4% of the crop had been harvested as of Sunday, led by activity in North Carolina and Texas. That compares to last year’s 8% harvested and the five-year average of 7%.

While corn condition was unchanged last week, the condition of the nation’s soybean crop fell slightly from 55% good to excellent the previous week to 54% as of Sunday. As with corn, that remains the lowest good-to-excellent rating since 2013, Hultman said.

Soybeans setting pods reached 95% as of Sunday, behind both last year’s and the average pace of 100%. Soybeans dropping leaves was estimated at 15%, far behind last year when half of the crop had leaves dropping and 23 percentage points behind the five-year average of 38%.

Spring wheat harvest slowed last week, moving ahead only 5 percentage points from the previous week to reach 76% as of Sunday. That is 17 percentage points behind the five-year average of 93%. Montana remains the slowest to harvest, at 69% complete, Hultman noted.

Planting of next year’s winter wheat crop was estimated at 8% complete as of Sunday, according to NASS, slightly behind the average pace of 12%.

“The top three states getting early starts to planting winter wheat were Washington, Colorado and Nebraska,” Hultman said.

Sorghum coloring was estimated at 79%, behind the average of 84%. Sorghum mature was estimated at 34%, behind the average of 44%. Sorghum harvested was estimated at 24%, behind the five-year average of 27%. Barley harvested reached 87%, behind the average of 96%. Oats were 92% harvested, also behind the average of 97%.

Cotton bolls opening was estimated at 54%, ahead of the average of 47%. Cotton harvested was estimated at 9%, near the five-year average of 8%. Cotton condition — for the portion of the crop still in fields — was rated 41% good to excellent, down 2 percentage points from the previous week’s 43% good-to-excellent rating. Rice harvested was 46%, slightly behind the average of 48%.

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.

Clay Patton breaks down the report here: https://c1.futuripost.com/krvnam/playlist/futures-one-crop-progress-report-not-a-big-change-7645.html

National Crop Progress Summary
	This	Last	Last	5-Year
	Week	Week	Year	Avg.
Corn Dough	93	89	99	98
Corn Dented	68	55	92	87
Corn Mature	18	11	51	39
Corn Harvested	4	NA	8	7
Soybeans Setting Pods	95	92	100	100
Soybeans Dropping Leaves	15	NA	50	38
Spring Wheat Harvested	76	71	96	93
Winter Wheat Planted	8	NA	12	12
Cotton Bolls Opening	54	43	48	47
Cotton Harvested	9	7	13	8
Sorghum Coloring	79	65	87	84
Sorghum Mature	34	27	40	44
Sorghum Harvested	24	22	26	27
Barley Harvested	87	82	95	96
Oats Harvested	92	89	96	97
Rice Harvested	46	30	48	48

**

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	4	10	31	44	11	4	10	31	45	10	4	8	20	47	21
Soybeans	4	10	32	45	9	3	9	33	45	10	3	7	23	49	18
Cotton	3	14	42	34	7	3	15	39	37	6	8	24	29	30	9
Sorghum	1	6	28	51	14	1	5	26	53	15	5	12	30	44	9
Rice	1	5	25	47	22	1	5	25	46	23	–	4	22	58	16

**

National Soil Moisture Condition – 48 States
(VS = Very Short; SH = Short; AD = Adequate; SR = Surplus)
	This Week				Last Week				Last Year
	VS	SH	AD	SR	VS	SH	AD	SR	VS	SH	AD	SR
Topsoil Moisture	11	22	55	12	10	23	61	6	9	19	63	9
Subsoil Moisture	9	22	59	10	8	22	64	6	11	20	61	8