USDA Weekly Crop Progress - First US Corn Condition Rating of Year Matches Lowest Reading in Four Y

OMAHA (DTN) -- USDA's first corn condition rating of the year was down from last year and matched the lowest reading in four years, according to USDA's weekly Crop Progress report released Tuesday afternoon. USDA estimated 65% of the corn crop was rated in good-to-excellent condition, down from 72% at the same time last year. The ratings resulted in a DTN Corn Condition Index of 158. The index is down from 175 a year ago and matches the lowest reading in four years, said DTN Analyst Todd Hultman. The report estimated that 91% of U.S. corn was planted as of Sunday, May 28, down from 93% a year ago and down from the five-year average of 93%. Seventy-three percent of U.S. corn was emerged, down

USDA Weekly Crop Progress - Weekly Crop Progress Report Neutral for Corn, Soybeans

OMAHA (DTN) -- Planting and emergence were running close to the average pace for both corn and soybeans last week, while winter wheat conditions saw a slight boost from the previous week, according to USDA's weekly Crop Progress report released Monday. USDA estimated 84% of U.S. corn was planted as of Sunday, May 21, even with a year ago but slightly above the five-year average of 85%. USDA also said 54% of U.S. corn was emerged, down from 58% a year ago and down slightly from the five-year average of 55% emerged. Monday's report is neutral for corn, said DTN Analyst Todd Hultman. Soybean planting was estimated at 53% complete, even with a year ago and slightly above the five-year average of

USDA Weekly Crop Progress - Planting Progress Jumps Ahead Thanks to Drier Weather

OMAHA (DTN) -- Corn planting jumped to a slightly ahead-of-average pace and soybean planting caught up to the average pace last week thanks to drier conditions across the central U.S., according to USDA's weekly Crop Progress report released Monday. USDA estimated 71% of U.S. corn was planted as of Sunday, May 14, down from 73% a year ago but slightly above the five-year average of 70%. USDA also said 31% of U.S. corn was emerged, down from 41% a year ago and down from the five-year average of 36% emerged. Monday's report is neutral for corn, said DTN Analyst Todd Hultman. Soybean planting also jumped ahead with USDA reporting 32% of U.S. soybeans planted, down from 34% a year ago but even w

USDA Weekly Crop Progress - USDA Holds Steady on Winter Wheat Condition as Planting Slows

OMAHA (DTN) -- USDA downgraded the winter wheat condition only marginally in its weekly Crop Progress and Conditions report, despite reports of widespread damage from the Plains. Continued wet and cool weather in parts of the Corn Belt continued to hamper fieldwork, and corn and soybean planting slipped behind the average pace yet again for the week ending May 7. The percentage of winter wheat rated in good to excellent condition dropped only a single percentage point from 54% last week. "Fifty-three percent of the winter wheat crop was rated good-to-excellent, resulting in a DTN Winter Wheat Condition Index of 129, down 5 points from a week ago," said DTN Analyst Todd Hultman. "DTN's index

April barometer shows slight uptick in producer sentiment

StartFragmentIncrease part of a recent trend of greater optimism among producers. EndFragment StartFragment Producer sentiment toward the agricultural economy inched up six points in April, according to the Purdue University/CME Group Ag Economy Barometer. The barometer increased from 124 in March to 130 in April. The higher reading comes on the heels of two months of declines following the all-time high of 153 in January 2017. StartFragmentApril's 130-point reading represents a vast improvement in producer sentiment since the barometer launched at 106 in April 2016.EndFragment StartFragmentThe increase is part of a recent trend of greater optimism among producers, said Jim Mintert, director

USDA Weekly Crop Progress Weekend's Weather Not Shown in Condition Ratings

OMAHA (DTN) -- The results of this weekend's rain and storm deluges aren't yet factored into USDA's weekly Crop Progress and Conditions report, as winter wheat condition ratings remained unchanged from last week at 54% good to excellent for the week ended April 30. "USDA's condition ratings resulted in a DTN Winter Wheat Condition Index of 134, unchanged from a week ago and proof that these ratings should not be literally taken as of April 30," said DTN Analyst Todd Hultman. "DTN's index is down from 157 a year ago, but above the five-year average of 102. Monday's report of winter wheat ratings should be ignored, given the weekend's adverse weather." Winter wheat heading is at 42%, ahead of

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