By Julie Ingwersen
CHICAGO, June 7 (Reuters) – The U.S. Division of Agriculture rated 72% of the U.S. corn crop in good to glorious situation in its weekly crop progress report, down four share factors from every week in the past and under the typical of estimates in a Reuters ballot.
Analysts surveyed by Reuters on common had anticipated corn scores to say no by 2 share factors, to 74% good-to-excellent.
In a report launched on Monday, the USDA rated 67% of the soybean crop pretty much as good to glorious in its first 2021 situation scores for the oilseed, under the typical analyst expectation of 70%.
The USDA stated U.S. farmers had planted 90% of their meant soybean acreage by Sunday, lagging the typical estimate of 92% within the Reuters ballot however forward of the five-year common of 79%.
Corn planting is nearly full, having reached 95% by Could 30.
The U.S. winter wheat harvest is beneath manner. The USDA stated 2% of the crop had been reduce by Sunday, behind the typical analyst estimate of 5% and the five-year common of seven%. The federal government rated 50% of the crop pretty much as good to glorious, up from 48% the earlier week, whereas analysts on common had anticipated no change.
Spring wheat scores fell greater than most analysts anticipated following a spell of scorching temperatures within the northern U.S. Plains. The USDA rated 38% of the spring wheat crop pretty much as good to glorious, down from 43% the earlier week and under the typical analyst estimate of 40%.
All figures in p.c:
Class
Analyst common
Analyst vary
USDA final week
USDA this week
Corn situation*
74
72-75
76
72
Soybeans situation*
70
64-75
NA
67
Soybeans planted
92
90-93
84
90
Winter wheat harvested
5
2-15
NA
2
Winter wheat situation*
48
46-49
48
50
Spring wheat situation*
40
35-42
43
38
*P.c good/glorious
(Reporting by Julie Ingwersen; Enhancing by David Gregorio)
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