USDA Weekly Crop Progress - Corn, Soybean, Spring Wheat Conditions Down Slightly

July 17, 2017

OMAHA (DTN) -- Corn, soybean and spring wheat conditions all dropped slightly last week, according to USDA's weekly Crop Progress report released Monday.

 

Sixty-four percent of corn was rated good to excellent last week, down from 65% the previous week. That resulted in a DTN Corn Condition Index of 152, down 3 points from the previous week. DTN's index is down from 184 a year ago and is still lower than the past four years.

 

Corn progress was running behind normal with 40% of corn silking as of Sunday, July 16, down from 53% a year ago and down from the five-year average of 47% silking.

 

"Monday's report is bullish for corn," said DTN Analyst Todd Hultman.

 

Meanwhile, USDA said 52% of soybeans were blooming as of Sunday, down from 56% a year ago, but above the five-year average of 51%. Sixteen percent of soybeans were setting pods, which was even with a year ago and above the five-year average of 13%.

 

Soybeans saw a 1-percentage-point drop in good-to-excellent conditions, from 62% the previous week to 61% last week. That resulted in a DTN Soybean Condition Index of 146, which is down 1 point from the previous week. "The index is down from 169 a year ago and is also lower than the past four years. Monday's report is neutral for soybeans," Hultman said.

 

Spring wheat conditions also declined by 1 percentage point, with 34% of the crop rated good to excellent last week, down from 35% the previous week. That resulted in a DTN Spring Wheat Condition Index of 37, down 7 points from the previous week. "The index is down from 164 a year ago and is still the lowest since 1988," Hultman said. "Monday's report remains bullish for spring wheat."

In other crop reports, cotton squaring was 70% as of Sunday, behind the average of 75%, and cotton setting bolls was 26%, slightly behind of the average of 28%. Rice was 33% headed, slightly ahead of the five-year average of 32%.

 

Sorghum headed was 31%, slightly behind the average pace of 33%, and sorghum coloring was 20%, near the average pace of 21%. Barley headed was 89%, behind the average pace of 91%. Oats were 97% headed, near the average pace of 96%, and 14% of oats were harvested as of Sunday, behind the average of 20%.

 

 

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