According to the USDA’s latest Crop Progress report, 18 percent of the nation’s corn has been harvested, compared to 10 percent last week and 11 percent last year. However, compared to the five-year average of 23 percent, this pace is slightly behind.

On a state level, three states are leading the pack in corn harvest progress – North Carolina (80 percent), Tennessee (64 percent) and Texas (63 percent). Other states may have the opportunity to shrink this lead depending on Mother Nature.

As the USDA reported in its daily weather update, “The National Weather Service 6- to 10-day outlook for October 3 – 7 calls for the likelihood of near- to above-normal temperatures nearly nationwide, although cooler-than-normal conditions can be expected in parts of the Ohio Valley and interior Southeast.  Meanwhile, near- to above-normal precipitation across most of the U.S. will contrast with drier-than-normal weather in the Northwest and portions of the Gulf Coast region.”

Corn conditions were unchanged over the last week with 10 percent of corn in the country seen in poor or worse condition, compared to 7 percent last year.

Soybeans: Harvest progress ahead of corn
The USDA also reported in the Crop Progress report that soybean harvest is advancing quickly. At 21 percent complete, the soybean harvest pace is dramatically ahead of last week’s report of 7 percent and the 2014 report of 9 percent. It is also 5 percentage points ahead of the national five-year average.

Looking at each state’s five-year average, just four states – Iowa (7 percent), Kansas (6 percent), Nebraska (14 percent) and Wisconsin (8 percent) – have fallen behind their average.

Soybean conditions have slipped over the last week, with soybeans in poor or worse condition advancing by 1 percentage point. At 12 percent, it is also notably above last year’s report of 6 percent.

Click here for the full Crop Progress report.