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 52%. USDA said 19% of U.S. soybeans were emerged, down slightly from 20% a year ago and down from the five-year average of 21%. "Monday's report is neutral for soybeans," Hultman said.

Winter wheat conditions saw a slight boost in Monday's report.

Fifty-two percent of the winter wheat crop was rated in good-to-excellent condition, resulting in a DTN Winter Wheat Condition Index of 126, up 6 points from a week ago. DTN's index is down from 156 a year ago, but above the five-year average of 92. "Monday's crop ratings are slightly bearish for winter wheat," Hultman said.

USDA reported that 72% of winter wheat is headed, down from 74% a year ago, but up from the five-year average of 67%.

Meanwhile, U.S. spring wheat planting reached 90% complete as of Sunday, down from last year's 94%, but above the five-year average of 84% planted. Sixty-two percent of spring wheat was emerged, down from 75% a year ago but up from the five-year average of 59%. "Monday's report is neutral for spring wheat," Hultman said.

In other crop reports, cotton was 52% planted, compared to 45% last year and 50% average. Rice was 91% planted and 78% emerged, compared to 92% and 82% last year and 90% and 76% on average.

Sorghum was 37% planted, slightly behind the five-year average of 41%. Barley was 88% planted and 59% emerged, compared to 93% and 78% last year and 87% and 64% on average. Oats were 95% planted, 83% emerged and 26% headed, compared to 97%, 89% and 25% last year and 93%, 81% and 28% on average.

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