We saw corn and soybean planting inch ahead last week according to USDA’s Weekly Crop Progress Report. Wet conditions have hampered the spring planting season so far for a majority of the country. We saw 22% of corn and 12% of soybeans planted nationwide as of Sunday, May 8th. Corn was up 8% on the week while soybeans were up just 4% from the previous week.
Corn planting is now 42% behind last year’s pace and 28% behind the five-year average of 50%. Soybean planting is 27% behind last year and 12% behind the five-year average of 24%.
Nationwide, winter wheat was rated 29% good to excellent, up 2 percentage points from 27% the previous week.
Read the full weekly crop progress report here: https://downloads.usda.library.cornell.edu/usda-esmis/files/8336h188j/br86c7919/kp78hn82s/prog2022.pdf