USDA Released the weekly Crop Progress Report. Here is the link to the full report.
http://usda.mannlib.cornell.edu/usda/current/CropProg/CropProg-06-16-2014.pdf
Some highlights from this week.
USDA’s national corn condition rating improved slightly over the past week, while the rating for soybeans had a very modest decline.
As of Sunday, 76% of U.S. corn is in good to excellent condition, up 1% on the week and 12% more than this time last year. 97% of the crop has emerged, compared to 91% a year ago and the five year average of 96%.
92% of soybeans are planted, compared to 83% last year and 90% on average, and 83% have emerged, compared to 63% a year ago and 77% on average. 73% of soybeans are called good to excellent, down 1% on the week, but 9% above last year.
92% of winter wheat has headed, compared to 90% on average, and 16% is harvested, compared to the five year average of 20%. 30% of winter wheat is rated good to excellent and 44% is called poor to very poor, all unchanged on the week.
91% of spring wheat has emerged, compared to 90% on average, with 72% rated good to excellent, up 1% from a week ago.
54% of U.S. pastures and rangelands are in good to excellent shape, which is 3% more than last week.