Corn:
- Emergence at 93%, in line with 5-year average of 92% but behind 95% last year
- Ratings at 72% G/E, down 2% from previous week
- Crop condition index at 83.1, matching highest since 2020
- Ratings declined in 10 states, improved in 8 states
- Biggest drops: NC (-21%), CO (-10%); biggest increases: MO (+6%), TN (+6%)
Soybeans:
- Plantings at 93%, in line with expectations, ahead of 5-year average of 91% but below 97% last year
- Emergence at 82%, ahead of 5-year average of 79% but behind 90% last year
- Ratings at 70% G/E, down 2% (slightly bigger drop than expected), still highest since 2020
- Ratings fell in 7 states, improved in 9, held steady in 2
- Biggest drop in ratings: NC (-16%), IL (-8%)
Winter Wheat:
- Conditions at 49% G/E, up 2% from previous week (expectations were for no change)
- Crop condition index at 78.5, highest since 2020
- Composite ratings declined in 6 states, improved in 7, held steady in 5
- Current ratings suggest average yield of 52 bpa, vs. revised USDA estimate of 51.4 bpa last week
- Heading at 94%, slightly above historical averages
- Harvest at 27%, well ahead of expectations, last year, and 5-year average
Spring Wheat:
- Ratings at 76% G/E, up 4% from previous week
- Composite ratings at 82.9, highest since 2019
- Heading at 4%, behind 8% last year and 5-year average of 7%
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