Corn Harvest Pace Slightly Lags Expectations




US producers made good progress on the corn harvest this past week, although still not quite as good as expected.


Tuesday’s USDA crop progress report pegged the national corn harvest at 41% complete as of Sunday. That is up 12 points on the week and 10 points ahead of the five-year average, although slightly behind pre-report trade expectations of 42-43% complete. Last year at this time, 39% of the US crop was in the bin.


In the No. 1 production state of Iowa, the harvest advanced 11 points on the week to 30% done, 10 points behind last year but ahead of 18% on average. The Illinois harvest reached 55% complete as of Sunday, up from 41% a week earlier and 9 points ahead of average, while Indiana was 36% done, compared to 26% a week earlier and 33% on average.


The Michigan harvest advanced a relatively modest 7 points from a week earlier to reach 24% done as of Sunday, still comfortably ahead of the state average of 13%. The Ohio crop was 19% in the bin, an increase of 8 points from the previous week and on par with average. At 29% complete, the North Dakota harvest was up from 18% a week earlier and 19 points ahead of average.


Across the country, 94% of the corn crop had reached maturity as of Sunday, up from 88% a week earlier and ahead of 86% on average.


An estimated 60% of the US corn crop was in good to excellent condition as of Sunday, up 1 point from the previous week but 1 point below last year.


Source: DePutter Publishing Ltd.

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