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Soybean planting rises 20 percent in one week

Soybean planting rises 20 percent in one week

Louisiana currently leads the U.S. in soybean planting

By Diego Flammini
Staff Writer
Farms.com

U.S. soybean growers have planted almost 40 percent of this year’s soybean crop.

Farmers have seeded 35 percent of the national soybean crop, the USDA’s May 15 Weekly Weather and Crop Bulletin says. That number is up from 15 percent last week and is 6 percent above soybean planting at this time last year.

Producers in Arkansas have planted 88 percent of their 2018 soybean crop, which is the highest among the 18 states documented.

South Dakota soybean farmers have planted 4 percent of their soybean acres. That’s the lowest in the U.S.

The soybean crop is also beginning to emerge.

About 10 percent of the 2018 soybean crop has emerged, the USDA says. Last week, no soybeans had emerged.

Corn

Corn seeding across the U.S. rose by 23 percent since last week’s report.

Farmers have planted 62 percent of the 2018 national corn crop, according to the USDA report. That number is up from 39 percent last week but remains 6 percent behind corn planting at this time last year.

Growers in three states are almost finished seeding their corn crops.

Farmers in North Carolina have planted 92 percent of their corn crop. That number is up from 81 percent last week and leads the U.S.

Growers in Missouri and Illinois have planted at least 90 percent of their corn crops.

South Dakota corn farmers have seeded 21 percent of their corn acres. That’s up from 6 percent last week but is 50 percent behind state corn planting at this time last year.

U.S. corn crops also continue to emerge.

About 28 percent of the 2018 corn crop has emerged, the USDA reports. That’s up from 8 percent last week.

Wheat

The percentage of U.S. winter wheat that’s headed remains behind last year’s crop.

USDA reports 45 percent of the winter wheat crop has headed. That number is up from 33 percent last week but remains 16 percent behind last year’s progress.

In Arkansas, 98 percent of the winter wheat crop has headed, which is the highest of the 18 documented states.

The USDA ranked 29 percent of the winter wheat crop as good. That’s up 2 percent from last week.

Growers also continue to seed the 2018 spring wheat crop.

Farmers have planted 58 percent of the national spring wheat acres, the USDA says. That number is up 28 percent from last week but is 17 percent behind 2017’s progress at this time.

Producers in Washington have planted 94 percent of their spring wheat, which is the highest of the six recorded states.

USDA reports 14 percent of the spring wheat crop has emerged.

Suitable fieldwork days

The states with the most suitable fieldwork days for the week ending May 13 were:

California, Arizona and New Mexico – 7

Nevada – 6.9

Arkansas and Louisiana – 6.8

The states with the fewest suitable fieldwork days were:

Wisconsin – 3.2

Michigan – 3.5

Iowa – 3.8

Weekly precipitation levels

State

Precipitation (inches)

Weather Station

Illinois

0.93

Moline

Indiana

0.53

South Bend

Iowa

1.09

Des Moines

Kentucky

1.12

Jackson

Michigan

1.41

Grand Rapids

Missouri

0.22

Kansas City

New York

0.95

Binghamton

Pennsylvania

2.39

Erie

Tennessee

0.79

Bristol

The next Weekly Weather and Crop Bulletin will be released Tues. May 22.


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The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.