Crop Progress: Corn Looking Neutral, Wheat Neutral to Bearish – DTN

    Ninety-six percent of the nation’s corn was harvested as of Nov. 15, according to USDA’s latest weekly Crop Progress report.

    That compares to 93% last week and a 94% five-year average. “Monday’s report was neutral for corn,” said DTN Analyst Todd Hultman.

    Winter wheat planting is 94% complete, compared to 92% last week and a 98% five-year average. Eighty-seven percent of the crop is emerged, compared to 80% last week and an 86% five-year average.

    “USDA said 52% of winter wheat was rated good-to-excellent, resulting in a four-point increase in the DTN Winter Wheat Condition Index to 141, which was down from 157 a year ago, but above the five-year average of 128,” Hultman said. “Monday’s report is neutral-to-bearish for wheat.”

    Ninety-one percent of sorghum is harvested, compared to 85% last week and an 89% five-year average.

    Sixty-four percent of the cotton crop is harvested, compared to 58% last week and a 74% five-year average.

    National Crop Progress Summary
    This Last Last 5-Yr
    Week Week Year Avg
    Corn Harvested 96 93 88 94
    Cotton Harvested 64 58 68 74
    Sorghum Harvested 91 85 82 89
    Winter Wheat Planted 94 92 95 98
    Winter Wheat Emerged 87 80 86 86
    National Crop Condition Summary
    (VP=Very Poor; P=Poor; F=Fair; G=Good; E=Excellent)
    This Week Last Week Last Year
    VP P F G E VP P F G E VP P F G E
    Winter Wht 2 8 38 41 11 2 9 38 41 10 1 5 34 50 10

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