CHICAGO, April 26 (Reuters) – The U.S. Division of Agriculture’s (USDA) weekly crop progress report is anticipated to point out that farmers have planted 17% of their supposed corn acres as of Sunday, in response to the common estimate in a survey of 11 analysts on Monday.
Commerce estimates for the week ended April 25 ranged from 14% to 21%.
Analysts additionally forecast the USDA’s report to point out that soybean planting was 8% full, primarily based on estimates that ranged from 6% to 11%.
The federal government is scheduled to publish the report at Three p.m. CDT (2000 GMT).
For wheat, analysts count on on common that the USDA would fee 52% of the winter wheat crop in good-to-excellent situation, down one share level from every week earlier. Estimates for wheat scores ranged from 49% to 53% good-to- glorious.
Spring wheat planting progress was seen as 28% full, with estimates starting from 25% to 31%.
All figures in p.c:
Class
Analyst common
Analyst vary
USDA final week
Corn planted (p.c)
17
14-21
8
Soybeans planted (p.c)
8
6-11
3
Spring wheat planted (p.c)
28
25-31
19
Winter wheat circumstances*
52
49-53
53
*% good/glorious
(Reporting by Karl Plume Enhancing by Paul Simao)
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