The most recent USDA crop progress report shows nearly all corn in the U.S. (95%) has emerged as of the week ended June 14, 2020, well above the 74% emerged this time last year and the 5 year average of 92%.
Despite an excess of rain and cooler temperatures throughout the region, farmers are moving forward with corn planting, matching the 5-year average of acreage planted on this date, but behind last year’s pace.
On Monday, USDA reported that as of May 8 64% of U.S. corn acres had been planted. This compares with 45% the week before and 69% a year ago on this date. Corn planting so far this year is well above the 50% 5-year average.
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