Soybean Crop Condition Steady Again

Development may be continuing to lag but at least the condition of the U.S. soybean crop is holding steady.

Monday’s USDA crop progress report pegged the national soy crop at 54% good to excellent, unchanged from a week earlier and the second straight week the condition of the crop has remained unmoved. However, the crop still remains well below last year’s rating of 66% good to excellent for this time of year.

The crop in Illinois slipped a single point on the week, falling to 39% good to excellent, while the crops in both Indiana and Iowa eased 2 points to 34% and 63% good to excellent, respectively. The Michigan crop was up 1 point to 45% good to excellent, and Ohio was steady at 29%.

Across the country, 54% of the soy crop was setting pods as of Sunday, up from 37% a week earlier but behind 83% last year and 76% on average. The Illinois crop was 49% setting pods as of Sunday, 30 points behind average, while Iowa was 25 points behind at 56% setting pods. The Indiana crop was 34% setting pods, versus 19% a week earlier and 78% on average.

The Michigan and Ohio crops were 31% and 35% setting pods, respectively, compared to 20% a week earlier and 72% on average.

An estimated 82% of the U.S. soy crop had reached the blooming stage as of Sunday, up 10 points on the week but 11 points behind average.

Source: DePutter Publishing Ltd.

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