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Status of 2018 Corn and Soybean Crops

11/04/2018

The USDA Crop Progress Report released on November 5th updated the 2018 corn and soybean harvest.

Seventy-six percent of the corn crop has been harvested conforming to the 5-year average. There is concern over mycotoxicosis associated with early and persistent drought which occurred in some Midwest states during the "silking" stage coupled with wet conditions at the time of harvest.

Eighty-three percent of the soybean crop has been harvested compared to eighty-nine percent for the 5-year average. Harvest was delayed by rain during the past three weeks but advanced eleven percent this past week. The problem facing farmers and elevators will be storage given the rise in ending stocks occasioned by cessation of exports to China. Some relief may occur with the sale of the Southern Hemisphere harvest.

EGG-NEWS and CHICK-NEWS will report on the progress of the two major crops as monitored by the USDA and will continue posting updates through the end of harvest.

WEEK ENDING

Crop Parameter (%)

October 28th

November 4th

5-Year Average

Corn Emerged

Corn Silking

Corn Dough

Corn Denting

Corn Mature

Corn Harvested

100

100

100

100

100

63

100

100

100

100

100

76

100

100

100

100

100

77

       

Soybeans Emerged

Soybeans Blooming

Soybeans Setting Pods

Soybeans Dropping Leaves

Soybeans Harvested

100

100

100

100

72

100

100

100

100

83

100

100

100

100

89