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USDA releases latest Crop Progress report

Report says 97 per cent of corn is silking

By Diego Flammini
Assistant Editor, North American Content
Farms.com

The USDA’s August 7 Crop Progress Report shows corn, soybeans and wheat are progressing nicely.

When it comes to corn, 97 per cent of the crop is silking, up from the 2011-2015 average of 94 per cent. This figure is also up six per cent from July 31, 2016.

Approximately 74 per cent of the corn is in good-to-excellent condition.

Corn, soy, wheat

Illinois and Missouri both report complete corn silking, with North Carolina reporting 99 per cent. Many other states report percentages in the high 90s.

Approximately 91 per cent of soybeans are blooming as of the August 7 report. That number is up from the 2011-2015 average of 88 per cent. This figure is also up from 85 per cent from July 31, 2016.

About 72 per cent of the soybean crop is in good-to-excellent condition.

Arkansas and Louisiana report 98 per cent of soybeans are blooming, followed by Wisconsin and Minnesota with 97 per cent.

With respect to winter wheat, 94 per cent of the crop is harvested. This figure is up from 89 per cent on July 31 of this year.

Many states including Kansas, Indiana, Ohio and Illinois report a complete harvest.

About 30 per cent of spring wheat is harvested, up from only 10 per cent on July 31.

South Dakota reports 73 per cent of its spring wheat crop is harvested.

About 68 per cent of the spring wheat is classified as good-to-excellent.


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Will the USDA provide a late Christmas “gift for farmers in the final January USDA crop report on Monday? The U.S. Venezuela attack is long-term bearish crude oil prices but bullish stocks as the Venezuela stock market was up a whopping 123%! But that is not quite as good as Warren Buffets record since 1964 +5 million %, 41 invested in 1064 is not worth $4 million!!! WOW!!!! The reopening of the border to Mexico to cattle could take some time. Stocks hit new record highs this week and it was a good start to the week with lost of green on the screen to end the week.