Today, USDA reported 69% of the corn crop was in "good" or "excellent" condition, in line with last week’s 69%, but below last year’s 73%. The progress of soybeans, spring wheat and winter wheat are shown in the tables below.

Corn prices rose less than 1% last week and are 84% above year-ago levels, while soybean prices increased 2% last week and are up 31% year-over-year. Wheat prices rose 4% over the past week and are up 22% year-over-year.

Planting Progress (Current Week … Last Year … 5-Year Average)

Corn (% Silking) … 14% … 36% … 26%

Soybeans (% Blooming) … 21% … 38% … 33%

Spring Wheat (% Headed) … 27% … 68% … 73%

Winter Wheat (% Harvested) … 63% … 62% … 63%

Percent of Crop in “Good” or “Excellent” Condition

Corn            … 69%            … 69% … 73%

Soybeans … 66% … 66% … 65%

Spring Wheat … 73% … 70% … 84%

Winter Wheat … N/A … 36%   N/A%