USDA Crop Progress - First National Soy Harvest Report of Season Shows Progress Ahead of Normal

September 17, 2018

OMAHA (DTN) -- In its first soybean harvest report of the season, USDA's National Ag Statistics Service estimated that 6% of the U.S. crop was harvested as of Sunday, Sept. 16, 3 percentage points ahead of the five-year average, according to the agency's weekly Crop Progress report released Monday.

 

This year's soybean harvest progress is also 2 percentage points ahead of 4% at the same time last year. Nationwide, the crop continued to mature ahead of normal with 53% of soybeans estimated to be dropping leaves, 17 percentage points ahead of the average pace of 36%. The crop's good-to-excellent rating dropped to 67% last week, down 1 percentage point from 68% the previous week.

 

The U.S. corn harvest also continued at an ahead-of-normal pace with an estimated 9% of the crop harvested as of Sunday, 2 percentage points ahead of last year and 3 percentage points ahead of the five-year average. The crop continued to mature ahead of normal with 54% of corn estimated as mature as of Sunday, 18 percentage points ahead of the five-year average of 36%.

 

Corn condition, at 68% good to excellent, was unchanged from the previous week.

 

Meanwhile, winter wheat planting progress was estimated at 13% as of Sunday, near last year's pace of 12% and also near the five-year average of 14%.

 

Spring wheat harvest had nearly wrapped up with 97% of the crop harvested as of Sunday, near last year's 98% but ahead of the five-year average of 92%.

 

Sorghum coloring was 88%, ahead of the five-year average of 83%. Sorghum mature was estimated at 41%, near 42% at the same time last year but behind the five-year average of 44%. Twenty-six percent of the sorghum crop was harvested as of Sunday, behind the average pace of 29%.

 

Barley was 96% harvested as of Sunday, behind 99% last year but near the average of 97%.

 

Forty-nine percent of rice was harvested as of Sunday, behind last year's 53% but ahead of the five-year average of 47%. Forty-nine percent of cotton had bolls opening, ahead of the average of 46%.

 

"Nothing in Monday's numbers are apt to have much price impact on Tuesday," said DTN Analyst Todd Hultman.