Only two of the five largest corn-producing states have over half of their acres harvested so far as rain continues to slow field operations. These include Illinois with 73% and Indiana with 59% in the bin. The others are Nebraska with 45%, Iowa with 44% and Minnesota with only 38% of their corn crops harvested. Regardless, each of the largest producing corn states remain well behind last year’s pace at this point, as well as their 5-year averages.

Overall, USDA is reporting that 54% of the corn crop has been harvested as Oct. 29. This lags last year’s progress for this date by 19% and the 5-year average by 18%.

The ag agency reported no change from the previous week in the overall condition of the corn crop. Currently, USDA rates corn as 66% “good” (50%) and “excellent” (16%). This continues to lag the 5-year average for corn condition, which stands at 74% “good” (54%) and “excellent” (20%).

On the other hand, the largest soybean producing states are keeping up with last year’s and the 5-year average for acres harvested for this date. According to USDA, 83% of soybeans are in the bin vs. a year ago when 85% had been harvested by Oct. 29. The 5-year average is 84%.