U.S. soybean harvest 73% complete, corn 66% -USDA

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U.S. soybean harvest 73% complete, corn 66% -USDA


By Julie Ingwersen

CHICAGO, Oct 25 (Reuters)The U.S. soybean harvest was 73% complete as of Sunday, the U.S. Department of Agriculture said in a weekly crop progress report on Monday, ahead of the five-year average of 70% but behind the average estimate in a Reuters analyst poll.

Analysts surveyed by Reuters on average had expected soybean harvest progress to reach 74%.

The U.S. corn crop was 66% harvested, the USDA said, ahead of the five-year average of 53% and the average analyst expectation of 65%.

In its first condition ratings for the 2022 winter wheat crop, the USDA rated 46% of the crop in good-to-excellent condition, up from 41% a year ago, but behind the average analyst expectation of 54%. Estimates had ranged from 49% to 62% good to excellent.

Winter wheat planting was 80% complete by Sunday, matching the five-year average, but just behind the average analyst expectation of 81%.

All figures in percent:

Category

Analyst average

Analyst range

USDA last week

USDA this week

Corn harvested

65

62-68

52

66

Soybeans harvested

74

71-77

60

73

Winter wheat planted

81

78-85

70

80

Winter wheat condition*

54

49-62

NA

46

*Percent good/excellent

(Reporting by Julie Ingwersen; Editing by Peter Cooney)

(([email protected]; 1-313-484-5283; Reuters Messaging: [email protected]))

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