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Crop Progress Update – 10/25/21

  • October 26, 2021October 26, 2021
  • by Belinda Przybylski

According to the USDA, corn harvest progress finished slightly above analyst expectations during the week ending Oct 24th while soybean harvest progress finished slightly below analyst expectations.

Corn:

Corn harvest progress as of the week ending Oct 24th was 66% complete, finishing behind last year’s pace of 70% completed but remaining ahead of the five year average pace of 53% completed. Corn harvest progress finished slightly above analyst expectations of 65% completed.

An additional 14% of the total U.S. corn crop was harvested during the week ending Oct 24th. Weekly increases in corn harvest on a percentage basis were led by New Jersey, followed by Nebraska.

Soybeans:

Soybean harvest progress as of the week ending Oct 24th was 73% complete, finishing behind last year’s pace of 82% completed but remaining ahead of the five year average pace of 70% completed. Soybean harvest progress finished slightly below analyst expectations of 74% completed.

An additional 13% of the total U.S. soybean crop was harvested during the week ending Oct 24th. Weekly increases in soybean harvest on a percentage basis were led by Pennsylvania, followed by Missouri.

Crop Progress Update – 10/18/21
Soybean Complex Price & Value Update – Nov ’21
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