By Julie Ingwersen
CHICAGO, Might 3 (Reuters) – The U.S. Division of Agriculture’s (USDA) weekly crop progress report is anticipated to indicate that farmers have planted 44% of their supposed corn acres as of Sunday, in keeping with the common estimate in a survey of 12 analysts on Monday.
Commerce estimates for the week ended Might 2 ranged from 37% to 53%.
Analysts additionally forecast the USDA’s report to indicate that soybean planting was 25% full, primarily based on estimates that ranged from 17% to 34%.
The federal government is scheduled to publish the report at Three p.m. CDT (2000 GMT).
For wheat, analysts anticipate on common that the USDA would price 48% of the winter wheat crop in good-to-excellent situation, down one share level from per week earlier. Estimates for wheat scores ranged from 47% to 49% good-to- glorious.
Spring wheat planting progress was seen as 48% full, with estimates starting from 40% to 63%.
All figures in %:
Class
Analyst common
Analyst vary
USDA final week
Corn planted (%)
44
37-53
17
Soybeans planted (%)
25
17-34
8
Spring wheat planted (%)
48
40-63
28
Winter wheat situations*
48
47-49
49
*P.c good/glorious
(Reporting by Julie Ingwersen Modifying by Marguerita Choy)
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