Soy Condition Up; Development Ahead of Average

The condition of the US soybean crop was up slightly this past week, as crop development moved ahead of the average pace.

Monday’s USDA crop progress report showed 14% of the national soybean crop was already in the blooming stage of development as of Sunday, up from 5% a week earlier, 12 points ahead of last year and 3 points ahead of average. Meanwhile, the American crop was rated 71% good to excellent as of Sunday, up a single point on the week and well above 54% a year earlier.

The condition of the Illinois crop was up 8 points on the week to 68% good to excellent, while Indiana gained 5 points to 64%. The Michigan and Ohio crops both gained 7 points on the week to 64% good to excellent. On the other hand, the condition of the Iowa crop eased a single point to 83% good to excellent and North Dakota was unchanged at 70%.

In Illinois, 10% of the soybean crop was blooming as of Sunday, up 8 points from a week earlier but 2 points behind average. An estimated 10% of the Indiana soybean crop was also reported blooming as of Sunday, versus 1% the previous week and 8% on average. The Iowa crop was already 16% blooming as of Sunday, versus 1% last year and 7% on average.

The Ohio crop was 11% blooming, ahead of 5% on average, while North Dakota was at just 1% blooming, 8 points behind average. No crop was yet reported blooming in Michigan, versus 4% on average.

Across the country, 95% of the soybean crop was emerged as of Sunday, 4 points ahead of average.

Source: DePutter Publishing Ltd.

Information contained herein is believed to be accurate but is not guaranteed by the parties providing it. Syngenta, DePutter Publishing Ltd. and their information sources assume no responsibility or liability for any action taken as a result of any information or advice contained in these reports, and any action taken is solely at the liability and responsibility of the user.