USDA: 7% of U.S. corn, 2% of soybeans planted
Cooler, wetter weather last week in some key U.S. growing areas limited corn planting activity. The USDA says that as of Sunday, 7% of the U.S. corn crop is planted, compared to 5% a year ago and the five-year average of 9%, with most of the progress in southern and southeastern areas of the Corn Belt.
Soybean planting is just underway at 2% and while most of the progress for beans has also been in southern and southeastern areas, Illinois and Indiana are both on the board at 2%.
14% of the winter wheat crop has headed, a little slower than normal, with 57% of the crop in good to excellent shape, a week to week decline of 5%.
7% of spring wheat is planted, well behind the usual pace of 18% because of weather in the northern U.S. Plains.
30% of the rice crop is planted, compared to 43% on average, and 18% has emerged, while 11% of cotton is planted, compared to 9% on average.
19% of sorghum has been planted, matching the typical pace.
The USDA’s next set of supply, demand, and production estimates is out May 12th.
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