Crop Progress Update – 11/15/21
According to the USDA, corn and soybean harvest progress each finished equal to analyst expectations during the week ending Nov 14th.
Corn:
Corn harvest progress as of the week ending Nov 14th was 91% complete, finishing behind last year’s pace of 94% completed but remaining ahead of the five year average pace of 86% completed. Corn harvest progress finished equal to analyst expectations.
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An additional seven percent of the total U.S. corn crop was harvested during the week ending Nov 14th. Weekly increases in corn harvest on a percentage basis were led by Wyoming, followed by New Mexico and Michigan.
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Soybeans:
Soybean harvest progress as of the week ending Nov 14th was 92% complete, finishing behind last year’s pace of 95% completed and the five year average pace of 93% completed. Soybean harvest progress finished equal to analyst expectations.
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An additional five percent of the total U.S. soybean crop was harvested during the week ending Nov 14th. Weekly increases in soybean harvest on a percentage basis were led by Delaware, followed by New Jersey.
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