Tuesday, September 10, 2024
The latest USDA Weekly Crop Progress report showed a minor decline in the corn crop condition over the past week and no changes for the soybean crop. Good or excellent corn fell by a percent to 64% as of Sunday. Poor or very poor corn remained at 12% and corn in fair shape increased from 23 to 24%. The key Midwest states of IA, IL, and IN are averaging 73.3% for good or excellent corn. Corn maturity increased by 10% and is at 29% mature, ahead of the 5 year pace of 24%. The corn harvest is just underway with 5% harvested nationally. In key Midwest states, IL has 2% and IN 1% of harvested corn. Soybeans in good or excellent condition remained at 65%, and poor or very poor soybeans held steady at 10% with 25% in fair shape. Soybeans setting pods are up by 3% since last week and is nearly completed at 97%. Lastly, the Spring Wheat harrvest gained by 15% to 85 harvested as of Sunday.
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