US corn and soybean harvests are 95% complete, says USDA

Published Nov 22, 2021

Tridge summary

US growers have almost finished their corn and soybean harvests, but the pace has been slower than expected, according to the US Department of Agriculture's Weekly Crop Progress Report. The corn and soybean harvests are 95% complete as of Nov. 21, one percentage point below the average of estimates provided in a Reuters poll of 11 market analysts. The good to excellent ratings for winter wheat have dropped to 44%, down from 46% the previous week, and winter wheat planting is 96% complete, one percentage point less than market expectations.

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Original content

By Mark Weinraub CHICAGO (Reuters) - US growers have neared the end of their corn and soybean harvests, but the pace of their fieldwork has been slower than analysts had expected. The US Department of Agriculture's Weekly Crop Progress Report also showed that winter wheat crop conditions deteriorated as the dormancy period approached. The corn and soybean harvests were 95% complete as of Nov. 21, 1 percentage point below the average of estimates provided in a Reuters poll of 11 market analysts. For US winter wheat, which will be harvested in 2022, the good to excellent ratings have dropped to 44%. Analysts, on average, expected the USDA to rate 46% of the crop in good to excellent condition, unchanged from the previous week. Estimates of good to excellent ratings ...

Source: Istoedinheiro