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Solid Gains for US Corn, Soybean Harvest

American producers took advantage of generally good Midwest weather to make solid progress in the fields this past week. 

Delayed from Monday due to a federal holiday, the USDA crop progress report Tuesday showed the national soybean harvest at 43% complete as of Sunday. That is an advance of 20 points from the previous week and 6 points ahead of the five-year average. The corn harvest moved almost as fast, gaining 19 points on the week to 42% complete as of Sunday, 3 points ahead of the average. 

Last year at this time, 41% of the US soybean crop and 29% of the corn crop was in the bin. 

The Illinois soybean harvest made particularly big strides this past week, advancing 25 points to reach 44% complete as of Sunday, well ahead of 28% last year and 36% on average. The corn harvest in the state jumped 20 points to 42% done, 3 points ahead of average. 

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