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Crop Planting Catches Up to 5-year Average – What it Means for Your Business

The USDA released its 11th Crop Progress report Monday afternoon. These reports run weekly through the end of November and look at the progress and condition of various crops on a national and state-by-state scale.

CORN

As of last Sunday, the report pegged corn planted at 97%, compared with 97% for the previous five-year average; 88% has emerged compared with 89% for the previous five-year average.

The condition of the corn crop was rated 72% good/excellent and 5% poor/very poor. This compares with the previous-year average of 68% good/excellent and 5% poor/very poor. 

SOYBEANS

As of Sunday, the report has 88% of soybeans planted, compared with 88% for the previous five-year average; 76% has emerged compared with 71% for the previous five-year average.

The condition of the soybean crop was rated 70% good/excellent and 5% poor/very poor. This compares with the previous-year average of 62% good/excellent and 8% poor/very poor. 

WHEAT

Spring wheat planted was reported at 94% compared with 99% for the prior five-year average; 72% has emerged compared with 93% for the previous five-year average. The condition of the spring wheat crop was rated 54% good/excellent and 9% poor/very poor. This compares with the previous-year average of 37% good/excellent and 27% poor/very poor. 

Winter wheat headed came in at 86% vs. the 90% five-year average. Winter wheat condition was 31% good/excellent and 42% poor/very poor. This compares with the previous-year average of 48% good/excellent and 20% poor/very poor. 

OATS

Oats planted were reported at 97% vs. the five-year average of 99%, and 88% of oats had emerged as of June 12, compared with 96% for the previous five-year average. Oat condition was 58% good/excellent and 21% poor/very poor. This compares to the previous-year average of 42% good/excellent and 20% poor/very poor.

TOPSOIL

The report also indicated that nationwide topsoil moisture is rated as 63% adequate and 12% surplus. The previous year was 54% adequate and 8% surplus.

Editor’s Take:

We share this with you for several reasons. One, is to simply keep you informed of crop planting and development. Why? This is how many farmers earn that income to purchase those trucks. Two, to help you anticipate what kind of year farmers are likely to experience. Based on this report, things are looking pretty darn good. And, with higher-than-average commodity prices, a little help from Mother Nature, and a smooth harvest it could be not just good, but a real record setter for farm income. Finally, we want you to let farmers know you are an informed CAD member. That you offer AgPack to help them even more with their upcoming truck purchase. So, get your message and inventory out there on AgTruckTrader.com!

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