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Planting Progress Update – 5/31/16

  • June 1, 2016
  • by wbabler
According to USDA, corn planting progress finished equal to last year’s pace and slightly ahead of five year average levels through the week ending May 29th while soybean planting progress was ahead of both last year’s pace and five year average levels. Corn: Corn plantings as of the week ending May 29th were 94% complete, finishing equal to last year’s pace and slightly ahead of the five year average pace of 92%. US Corn Planting Progress 5-31-16 Of the major corn planting states, plantings trended below the previous year in Michigan, Ohio and Indiana, while increasing most significantly on a YOY basis in Missouri and North Dakota. May 29 Corn Planting Progress percentage from last year 5-31-16 Corn plantings were most significantly higher when compared to five year average figures within North Dakota and Wisconsin, while finishing slightly lower when compared to five year average figures within Illinois, South Dakota and Nebraska. May 29 Corn Planting Progress percentage vs 5yr average 5-31-16 Corn emergence for the week ending May 29th was reported at 78% compared to an 81% emergence rate experienced last year and a five year average emergence rate of 75%. Nearly three quarters of the corn crop was deemed good or excellent during the week ending May 29th, with 24% of the corn crop identified as fair. These figures were consistent with previous year figures. US Corn Condition - Week Ending May 29 Soybeans: Soybean plantings as of the week ending May 29th were 73% complete, ahead of last year’s pace of 68% and the five year average pace of 66%. US Soybean Planting Progress 5-31-16 Of the major soybean planting states, plantings trended significantly below the previous year in Ohio and Indiana while increasing most significantly on a YOY basis in Missouri, Arkansas and North Dakota. May 29 Soybean Planting Progress percentage from last year 5-31-16 Soybean plantings were most significantly higher when compared to five year average figures within North Dakota, Minnesota and Arkansas, while finishing most significantly lower when compared to five year average figures within Kansas and Nebraska. May 29 Soybean Planting Progress percentage vs 5yr average 5-31-16 Soybean emergence for the week ending May 29th was reported at 45% compared to a 44% emergence rate experienced last year and a five year average emergence rate of 40%.
Planting Progress Update – 5/23/16
Atten Babler Corn & Soybeans FX Indices – Jun ’16
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