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Corn and soybeans thrive despite weather woes

Recent USDA report highlights strong crop development

By Farms.com

The US Department of Agriculture's recent crop progress report offers a positive outlook for the nation’s agricultural sector, particularly for corn and soybeans, amid a backdrop of challenging weather conditions.

The report details that 41% of the corn crop has now silked, surpassing both last year’s figure and the five-year average. corn entering the dough stage is at 8%, also above typical rates.

For soybeans, 51% of the crop has bloomed, aligning with last year's performance and outstripping the five-year average. Pod setting in soybeans has reached 18%, pointing to a potentially strong yield come harvest.

The condition of both crops remains largely unchanged week-on-week, maintaining a majority in the good to excellent range, which is crucial for final yields. This consistency underscores the hardiness of US crops against the backdrop of less than ideal climatic conditions.

In terms of wheat, the winter crop harvest is progressing efficiently with 71% complete, ahead of both last year and the usual pace for this time of year, with Arkansas and Oklahoma fully wrapped up.

This data not only showcases the current state of key US crops but also the agricultural sector’s ability to withstand and adapt to environmental challenges, ensuring ongoing productivity and stability.


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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.