Washington, May 21st News: The weekly report on crop progress released by the US Department of Agriculture after market hours on Monday showed that the progress of corn planting in the United States is lower than the historical average, but higher than market expectations.
In the 18 states that account for 92% of the national corn planting area, as of Sunday, May 19th, the corn planting progress in the United States was 70%, 49% last week, 76% in the same period last year, and an average of 71% in the same period over five years.
Before the report was released, analysts expected a corn sowing progress of 68%. The prediction range ranges from 63% to 73%.
The emergence rate of corn was 40%, 23% last week, 46% in the same period last year, and the five-year average was 39%.
The corn planting progress in Iowa was 78%, compared to 57% last week and 92% in the same period last year, with a five-year average of 86%; Illinois 67%, 42% last week, 89% in the same period last year, with a five-year average of 71%; Indiana is 54%, last week was 36%, the same period last year was 71%, and the five-year average is 57%.Washington, May 21st News: The weekly report on crop progress released by the US Department of Agriculture after market hours on Monday showed that the progress of corn planting in the United States is lower than the historical average, but higher than market expectations.
In the 18 states that account for 92% of the national corn planting area, as of Sunday, May 19th, the corn planting progress in the United States was 70%, 49% last week, 76% in the same period last year, and an average of 71% in the same period over five years.
Before the report was released, analysts expected a corn sowing progress of 68%. The prediction range ranges from 63% to 73%.
The emergence rate of corn was 40%, 23% last week, 46% in the same period last year, and the five-year average was 39%.
The corn planting progress in Iowa was 78%, compared to 57% last week and 92% in the same period last year, with a five-year average of 86%; Illinois 67%, 42% last week, 89% in the same period last year, with a five-year average of 71%; Indiana is 54%, last week was 36%, the same period last year was 71%, and the five-year average is 57%.
