This spring has been called the wettest on record in the Corn Belt and other major growing regions of the U.S. and the pace of planting would seem to verify this claim. As of Sunday, May 26, corn planting in the U.S. is 32 days behind the 5 year average and soybeans are 37 days behind the 5 year average.
USDA is reporting that 58% of corn acres are now planted. This is up from 49% in the previous week, but down from 90% of acres last year at this time, as well as the 5 year average of 90%. The ag agency also reports that 32% of corn has emerged, so far, compared with 19% last week, 69% last year and the 5 year average of 69%.
Only 29% of the soybean crop was in the ground as of May 26, which up from 19% in the previous week. But the pace is far behind the 5 year average of 66% and 74% a year ago. USDA estimates that only 11% of soybean acres have emerged. While it’s more than double of a week earlier, it far behind the 44% seen on this date in 2018, as well as the 5 year average of 35%.