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USDA: 93% of corn crop planted; 87% of soybeans in ground

Created at 1 Jun · 7:22 PM2 sources↑ Market-relevant2 events
IN SHORT

As of May 31, 93% of the corn crop in the top 18 corn-growing states has been planted, according to the USDA. Additionally, 87% of the soybean crop in the nation's top 18 soybean-growing states was planted.

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Key Numbers

93%corn crop planted in top 18 states
87%soybean crop planted in top 18 states

Who's Involved

USDA
U.S. Department of Agriculture, reported planting progress
USDA: 93% of corn crop planted; 87% of soybeans in ground

↳ Why This Matters

Planting progress is a key indicator for expected crop yields and future supply, influencing commodity prices for corn and soybeans.

Key facts

  • As of May 31, 93% of the corn crop in the top 18 corn-growing states is planted.
  • As of May 31, 87% of the soybean crop in the top 18 soybean-growing states is planted.

The U.S. Department of Agriculture (USDA) reported that as of May 31, 93% of the corn crop in the top 18 corn-growing states has been planted. Concurrently, 87% of the soybean crop in the nation's top 18 soybean-growing states was in the ground. This data provides insight into the progress of the agricultural season and potential yields.

Frequently asked questions

Planting progress data indicates how much of the expected crop has been sown. It is a crucial factor in forecasting future yields and influencing commodity prices.

The USDA report typically covers the 18 major corn and soybean-producing states in the U.S., which are critical to national and global supply.

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Cadence
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How It Developed

2 Jun · 11:21 AM
New USDA data shows 93% of corn and 87% of soybeans planted by May 31.
@FarmPolicy via PiQSuite
1 Jun · 7:10 PM
April's soybean crush was 218.5 million bushels, and March's figure was revised up to 231.8 million bushels.
@drbrock37 via PiQSuite

Sources

T1
USDA's monthly soybean crush for April comes in at 218.5, vs our prior estimate of 217.9. The big news though, is the upward revision of March crush, from 227.4 up to 231.8 Always nice to find 4.4 mil. bu. of use. https://t.co/jMIUXCy5pV@drbrock37 via PiQSuite
T1
As of May 31, 93% of this year's #corn crop has been planted in the top 18 corn-growing states, according to the USDA. 87% of the #soybean crop in the nation's top 18 soybean-growing states was in the ground. https://t.co/nxBNFYUtua@FarmPolicy via PiQSuite

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