Corn Harvest Nearly Halfway Complete

USDA released its 29th Crop Progress Report of the 2024 growing season on October 15. Here’s a look at the most recent corn, soybean, and wheat numbers.

Corn crop progress

According to the report, 94% of the 2024 corn crop in the top 18 corn-growing states had reached maturity. This was up from 87% the week prior and ahead of the five-year average 89%.

Across all the top growing states, 47% of the crop was harvested. This was up from 30% a week prior and ahead of the five-year average 39%.

The condition of the corn crop in the top growing states was as follows: 

Soybean crop progress

The soybean crop in the top 18 growing states was dropping leaves. This was up from 90% the week prior and ahead of the five-year average 92%.

Across all the top growing states, 67% of the soybean crop was harvested. This was up from 47% the week prior and ahead of the five-year average 51%.

Winter wheat progress

Across all the top 18 growing states 64% of winter wheat was planted. This was up from 51% the week prior and slightly behind the five-year average 66%.

A total of 35% of winter wheat across 18 of the top growing states was out of the ground. That was up from 25% the week prior and slightly behind the five-year average of 38%.

EDITOR’S TAKE:

Harvest of the major crops is progressing well ahead of schedule. Ideal weather in many production regions coupled with early maturity are the major reasons for this rapid progress. With continued excellent weather conditions, harvest will likely be wrapping up in the next two or three weeks in most areas. This provides you with the perfect opportunity to reach out to farmers/ranchers in your market with post-harvest service and parts specials. Also, make it a point to put all of your inventory on AgTruckTrader.com® if you haven’t already done so. Farmers/ranchers will soon be starting tax planning season and will likely be looking for ways to lower their tax obligation by investing in their operation for the coming year!