Corn+Soybean Digest [1]

Record Corn Planting Pace Maintained

Corn [3] and soybean [4] planting continued to progress ahead of schedule last week despite some rain delays, and crop emergence was helped by favorable temperatures.

Monday’s USDA [5] crop update [6] reported that 68% of the U.S. corn crop had been planted by Sunday, up from 50% a week earlier and well ahead of last year’s pace of 32% and the five-year average of 40%.

USDA pegged U.S. soybean planting progress at 15%, up from 5% a year earlier and an average pace of 8%.

Corn planting progress continues at the fastest pace in recorded history, surpassing the 63% progress reported for the same date in 2004. Soybean planting progress is the highest recorded by USDA for the date, ahead of 2001, when roughly 13% of the crop had been planted by May 2.

USDA reported that 19% of the U.S. corn crop had emerged by Sunday, up from only 4% a year earlier and the five-year average of 9%.

Corn planting is already winding down in the heart of the Corn Belt, with 84% of the crop already in the ground in the top-growing state of Iowa and planting 87% complete in both the No. 2 corn state of Illinois and the No. 3 state of Minnesota.

A year ago at this time, only 5% of the Illinois crop had been planted due to extremely wet, cool conditions across the state. This year, 39% of the Illinois crop has already emerged, when none was reported a year ago.

Editor’s note: Richard Brock, Corn & Soybean Digest's marketing editor, is president of Brock Associates, a farm market advisory firm, and publisher of The Brock Report.