By Jamie Martin
This week, US farmers made significant headway in the soybean harvest, with progress now at 26%, which is above the pre-report trade guess and also ahead of historical averages. This surge reflects a 13-point increase from last week, positioning the soy harvest 6 points ahead of last year and 8 points beyond the five-year average.
In contrast, the corn harvest has been slower, reaching only 21% completion, which falls below the anticipated 23%. Despite this, the pace matches last year's and still stands 3 points above the average.
Notable strides were seen in specific states such as Iowa, where the soybean harvest leaped to 27% completion—outpacing the state and last year’s averages. Illinois, Indiana, Michigan, and Ohio also reported substantial progress, with each surpassing last year’s figures by significant margins.
In terms of crop condition, 81% of the US soybean crop was observed dropping leaves, slightly behind last year but ahead of the average. The overall health of the national bean crop was marked as 64% good to excellent, maintaining last week's status but showing a notable improvement from the previous year.
Corn harvests in states like Illinois and Indiana saw a good week, with each state achieving over a 20% completion rate, aligning closely with or exceeding averages. However, North Dakota’s corn harvest is just beginning, trailing behind last year and the average.
As the season progresses, farmers continue to harvest their crops amidst varying regional conditions, reflecting the diverse agricultural landscape of the US.
Photo Credit: gettyimages-studio2013
Categories: National