Crop Progress Update – 9/23/19
According to USDA, corn dough, dent, maturation & harvest figures and soybean leaf dropping figures remained significantly below previous year levels through the third week of September. The current corn crop identified to be in good or excellent condition increased two percent from the previous week, finishing above analyst expectations, while the current soybean crop identified to be in good or excellent condition was unchanged from the previous week, finishing consistent with analyst expectations.
Corn:
Corn dough as of the week ending Sep 22nd was 96% percent complete, finishing behind last year’s pace of 100% and the five year average pace of 100%. Corn dough progress finished tied for the lowest seasonal pace experienced on record.
Corn dent as of the week ending Sep 22nd was 79% complete, finishing behind last year’s pace of 96% and the five year average pace of 94%. Corn dent progress finished at a 27 year low seasonal figure.
Corn maturation as of the week ending Sep 22nd was 29% complete, finishing behind last year’s pace of 69% and the five year average pace of 57%. Corn maturation progress finished at a ten year low seasonal figure.
Corn harvest progress as of the week ending Sep 22nd was seven percent complete, finishing behind last year’s pace of 15% and the five year average pace of 11%. Corn harvest progress finished tied for the lowest seasonal pace experienced throughout the past ten years.
57% of the current corn crop was identified to be in good or excellent condition as of the week ending Sep 22nd, up two percent from the previous week. The current corn crop identified to be in good or excellent condition remained below last year’s figure of 69% but and was above analyst expectations of 55%. 13% of the current corn crop was identified as very poor or poor, down one percent from the previous week but remaining one percent above last year’s figure.
The percentage of the current corn crop identified to be in good or excellent finished at a six year seasonal low level for the week ending Sep 22nd while the percentage of the current corn crop identified to be in poor or very poor condition finished tied for the highest level experienced throughout the past six years.
Soybeans:
Soybean leaf dropping as of the week ending Sep 22nd was 34% complete, finishing behind last year’s pace of 68% and the five year average pace of 59%. Soybean dropping leaves progress finished at a 23 year low seasonal pace.
54% of the current soybean crop was identified to be in good or excellent condition as of the week ending Sep 22nd, unchanged from the previous week. The current soybean crop identified to be in good or excellent condition finished below last year’s figure of 68% but was consistent with analyst expectations. 13% of the current soybean crop was identified as very poor or poor, down one percent from the previous week but remaining three percent above last year’s figure.
The percentage of the current soybean crop identified to be in good or excellent finished at a six year seasonal low level for the week ending Sep 22nd while the percentage of the current soybean crop identified to be in poor or very poor condition finished at the highest level experienced throughout the past six years.
Corn dent as of the week ending Sep 22nd was 79% complete, finishing behind last year’s pace of 96% and the five year average pace of 94%. Corn dent progress finished at a 27 year low seasonal figure.
Corn maturation as of the week ending Sep 22nd was 29% complete, finishing behind last year’s pace of 69% and the five year average pace of 57%. Corn maturation progress finished at a ten year low seasonal figure.
Corn harvest progress as of the week ending Sep 22nd was seven percent complete, finishing behind last year’s pace of 15% and the five year average pace of 11%. Corn harvest progress finished tied for the lowest seasonal pace experienced throughout the past ten years.
57% of the current corn crop was identified to be in good or excellent condition as of the week ending Sep 22nd, up two percent from the previous week. The current corn crop identified to be in good or excellent condition remained below last year’s figure of 69% but and was above analyst expectations of 55%. 13% of the current corn crop was identified as very poor or poor, down one percent from the previous week but remaining one percent above last year’s figure.
The percentage of the current corn crop identified to be in good or excellent finished at a six year seasonal low level for the week ending Sep 22nd while the percentage of the current corn crop identified to be in poor or very poor condition finished tied for the highest level experienced throughout the past six years.
Soybeans:
Soybean leaf dropping as of the week ending Sep 22nd was 34% complete, finishing behind last year’s pace of 68% and the five year average pace of 59%. Soybean dropping leaves progress finished at a 23 year low seasonal pace.
54% of the current soybean crop was identified to be in good or excellent condition as of the week ending Sep 22nd, unchanged from the previous week. The current soybean crop identified to be in good or excellent condition finished below last year’s figure of 68% but was consistent with analyst expectations. 13% of the current soybean crop was identified as very poor or poor, down one percent from the previous week but remaining three percent above last year’s figure.
The percentage of the current soybean crop identified to be in good or excellent finished at a six year seasonal low level for the week ending Sep 22nd while the percentage of the current soybean crop identified to be in poor or very poor condition finished at the highest level experienced throughout the past six years.