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USDA Crop Progress

15 May 2012

USDA Crop Progress - 15 May 2012USDA Crop Progress - 15 May 2012

US corn planted acres pushed higher this week to 87 per cent from 71 per cent last week. This week's 87 per cent planted compares favorably to the 5-year average of 66 per cent and 56 per cent from year-ago.
USDA Crop Production Report

Numbers were strong in the "I" states - all are coming in at 90+ per cent, with Iowa making a big 26 percentage point leap this week.

Corn emergence this week was at 56 per cent, up 24 percentage points from last week and significantly higher that the 5-year average of 28 per cent.

Soybean planting acres are at 46 per cent, well ahead of the 5-year average of 24 per cent and year ago at 17 per cent. The "I" states tell a different story in soybeans versus corn - Indiana is at 68 per cent planted, Illinois is at 44 per cent planted and Iowa is 39 per cent planted.

Not surprisingly, southern states Mississippi and Louisiana lead soybean acres planted at 90 per cent and 74 per cent respectively.

Cotton acres are at 48 per cent planted are also ahead of the 5-year average of 39 per cent. California, Mississippi, Arkansas, Arizona and Lousisana lead acres planted at 90+ per cent.

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