USDA Weekly Crop Progress - Soybean, Spring Wheat Conditions Drop

OMAHA (DTN) -- Soybean and spring wheat conditions dropped last week, while corn conditions held steady from the previous week, according to USDA's weekly Crop Progress report released Monday.

This week's crop progress report showed 4% of U.S. corn was silking, down from 5% a year ago and down from the five-year average of 5% silking. Sixty-seven percent of the corn crop was rated in good-to-excellent condition, the same as the previous week. That resulted in a DTN Corn Condition Index of 161, unchanged from last week, said DTN Analyst Todd Hultman. DTN's index is down from 180 a year ago and matched the lowest value in four years. "Monday's report is neutral for corn," Hultman said.

USDA said 94% of U.S. soybeans were emerged, even with a year ago and above the five-year average of 91%. Nine percent of soybeans were blooming, up from 8% a year ago and above the five-year average of 7%. Sixty-six percent of the soybean crop was rated in good-to-excellent condition, down one percentage point from the previous week. That resulted in a DTN Soybean Condition Index of 158, which is down 3 points from the previous week. The index is down from 173 a year ago and is below the four-year average of 167. "Monday's report is neutral-to-bullish for soybeans," Hultman said.

USDA also reported that 41% of winter wheat was harvested as of Sunday, down slightly from 42% a year ago, but above the five-year average of 39%. Forty-nine percent of the winter wheat crop was rated in good-to-excellent condition, resulting in a DTN Winter Wheat Condition Index of 122, up 2 points from a week ago. DTN's index is down from 156 a year ago, but above the four-year average of 76. "Monday's harvest progress and new crop rating is neutral for winter wheat," Hultman said.

Meanwhile, spring wheat was 36% headed, down from 52% a year ago, but slightly above the five-year average of 35%. Forty percent of spring wheat was rated in good-to-excellent condition, down one percentage point from the previous week's 41%. That resulted in a DTN Spring Wheat Condition Index of 81, down 3 points from a week ago. The index is down from 171 a year ago and is still the lowest since 1988. "Monday's report remains bullish for spring wheat," Hultman said.

In other crop reports, cotton was 98% planted, near the five-year average of 99%. Cotton squaring was 34%, ahead of the average of 30%. Cotton setting bolls was 7%, ahead of the average of 5%. Rice was 9% headed, slightly behind the five-year average of 11%.

Sorghum headed was 20%, slightly behind the average pace of 22%. Barley headed was 27%, well behind the average pace of 38%. Oats were 73% headed, near the average pace of 74%.

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