As of June 16, USDA estimates 92% of the U.S. corn crop has been planted. That compares to a five-year average for mid-June of 100% planted. Today’s planting pace matches the pre-report trade estimate.
“USDA reports 92% of U.S. #corn crop is planted as of June 16, but the state-by-state data suggests that the numbers include some prevent plant, making it difficult to quantify what's actually planted and what's not,” tweeted Arlan Suderman, chief commodities economist for INTL FCStone. “More likely unplanted in some states than USDA suggests.”
Ohio farmers have planted 68% of the state’s crop, which is the lowest percent planted of the top 18 corn-producing states. South Dakota is at 78% planted, while Michigan and Indiana are at 84% planted. Illinois is now 88% planted. The five-year average for each of these states by mid-June is 100% complete.
With 92% planted, that means 7.2 million acres of corn remain unplanted, per USDA current acreage estimate. As of June 11, USDA shaved off 3 million corn acres, making the 2019 estimate 89.8 million due to unprecedented planting delays through June and likely prevent plant claims. In addition, USDA lowered the national average corn yield to 166 bu./acre—a 10 bu. per acre drop from its original estimate.
Nearly 80% of the U.S. corn crop has emerged. By this time normally 97% of the crop has emerged.
As far as condition, 7% of the corn crop is rated excellent, 52% is rated good, 31% rated fair, 8% rated poor and 2% rated very poor.
For soybeans, 77% of the U.S. crop has been planted—a 17 percentage point jump from June 9. This compares to a five-year average of 93% planted. The pre-report average trade guess for soybean planting progress was 79% complete.
Although adverse weather has significantly slowed soybean planting progress this year, USDA left soybean acres and production forecasts unchanged. For this year, USDA is estimating 84.6 million soybean acres and a national average yield of 49.5 bu./acre. That means 19.5 million acres of soybeans remain unplanted.
Of the major soybean-growing states, Ohio is the furthest behind with only 46% of the state’s soybeans planted. Other states that are significantly behind average in planting are Michigan at 53%, Missouri at 57%, Indiana at 64%, Illinois at 70% and South Dakota at 70%.
Just over half—55%—of the U.S. soybean crop has emerged, which compares to a five-year average of 84% by mid-June.