Weekly status estimates for crops Corn And soy from America He said it had been stable for the past week US Department of Agriculture (USDA) On Tuesday, Bucking analysts forecast a decline as drought hit parts of the western Midwest.
In its Crop Progress Report, the USDA said 54% of the U.S. corn crop and 57% of the soybean crop were in good to excellent condition, unchanged from the previous week.
Nine analysts polled by Reuters, on average, expected corn and soybean estimates to fall 1 percent.
Corn and soybeans are still growing ahead of the nation’s fall harvest.
The USDA said Tuesday that 15% of the U.S. corn crop was mature as of Sunday, below the five-year average of 18%.
The government expects to release the first harvest progress estimate for the 2022 corn crop in a report next week.
for that Wheat In the spring, the USDA said harvest was 71% complete, above the average analyst estimate of 67% but below the five-year average of 83%.
Sowing of the 2023 winter wheat crop is underway.
The USDA said the U.S. winter wheat planting was 3% complete on Sunday, matching the five-year average but below analysts’ average estimate of 4%.
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