With 98% of U.S. corn acres planted, USDA is reporting that 90% have also emerged as of June 5, according to USDA. The 98% planted compares with 94% a week earlier and 99% a year ago. The 5-year average for this date is 97%.
The 90% of corn acres emerged is up from 78% the week prior, 89% a year earlier and the 5-year average of 86%. In terms of current condition, USDA is reporting the 61% of corn planted is in “good” condition, 13% is in “excellent” condition, 22% is rated as “fair,” 3% as “poor” and 1% as “very poor.”
As of June 5, 83% of soybean acres were planted vs. 73% the prior week and 77% a year ago. The 5-year average is 77%. So far, 65% of soybeans have emerged. This compares with 45% a week ago and 60% a year ago. And it’s up over the 5-year average of 57%.
This week’s report was the first to cover the current condition of U.S. soybeans, so there are no comparisons to the previous week. Currently, USDA is rating 69% of soybean acres to be in “good” (58%) or “excellent” (11%) condition. Only 1% of soybeans are reported to be in “very poor” condition, while 4% are “poor” and 26% are rated as “fair.
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