Status of 2023 Corn and Soybean Crops
The USDA Crop Progress Report released on June 5th documented advances in the planting and emergence of corn and soybeans for the 2023 crop. Soybeans and corn are both ahead of the five-year average with respect to these parameters.
Based on surveys this week USDA will release projected production and inventory data on June 30th in the Acreage and Grain Stocks Report. The effect of the ongoing transition to an El Nino event will become apparent by mid- summer from USDA WASDE and Crop Progress Reports and pre-harvest crop-tour evaluations.
Subsoil and surface moisture levels were higher than the corresponding weeks in 2022 but are now demonstrating some drying although germination and early growth is advanced. EGG-NEWS will report on the progress of the two major crops as monitored by the USDA through the end of the 2023 harvest in November.
Reference is made to the May 12th WASDE Report #636 retrievable under the STATISTICS tab and the weekly Commodity and Energy Report documenting prospective planting in this edition. WASDE #637 will be posted in the June 16th edition of EGG-NEWS to provide an update on acreage of soybeans and corn planted and anticipated yield.
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WEEK ENDING |
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Crop
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May 21st 2023
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May 28th 2023
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5-Year Average
|
|
Corn Planted (%)
|
92
|
96
|
91
|
|
Corn Emerged (%)
|
72
|
85
|
77
|
| |
|
|
|
|
Soybeans planted (%)
|
83
|
91
|
76
|
|
Soybeans emerged(%)
|
56
|
74
|
56
|
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|
|
|
|
|
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Crop Condition
|
V. Poor
|
Poor
|
Fair
|
Good
|
Excellent
|
|
Corn 2023 (%)
|
1
|
5
|
30
|
51
|
5
|
|
Corn 2022 (%)
|
1 |
3 |
23 |
61 |
12 |
|
Soybeans 2023 (%)
|
2 |
5 |
31 |
53 |
9 |
|
Soybeans 2022 (%)
|
|
|
|
|
|
|
 |
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Parameter
|
V. Short
|
Short
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Adequate
|
Surplus
|
|
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Topsoil moisture: Past Week
|
14
|
30
|
51
|
5
|
|
Past Year
|
9
|
16
|
63
|
12
|
|
Subsoil moisture: Past Week
|
13
|
31
|
53
|
3
|
|
Past Year
|
12
|
17
|
61
|
10
|
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