Takeaways From the Latest USDA Crop Progress Report

The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) released its latest crop progress report on July 6.

On a national basis, corn’s condition increased by one point, to 69% rated as being in good to excellent condition based on improvements in Minnesota, Colorado, Ohio, and South Dakota. In the top producing state of Iowa, corn condition fell by one point to 82% in good to excellent condition, while Illinois corn fell one point to 61% in good to excellent condition. In Indiana, corn held steady at 48% after falling 10 points during the previous week.

Nationally, soybeans remained at 63% in good to excellent condition with improvements in Minnesota, Mississippi, Ohio, and South Dakota offsetting a decline in conditions in Michigan, and Wisconsin, while in Indiana, soybean condition fell from 49% in good to excellent to 46%.

U.S. winter wheat condition also fell by one point from 41% to 40% in good to excellent condition, with the national harvest advancing to 55% complete – on pace with last year’s harvest, but behind the 59% complete average pace for this time of year. Texas’ harvest stands at 87% complete, and Kansas’ harvest is at 79% complete at this time – ahead of the state’s 66% pace last year, but still behind its 83% average.

The soft red winter wheat harvest in Illinois is 69% complete compared to 78% last year at this time, and Indiana’s harvest is 39% complete compared to 49% last year and a 60% average.

U.S. Soybeans are at 21% bloom – holding even with the average of 21% for this time of year, and 12% of the country’s corn was silking, trailing behind the 18% average.

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