Corn Plantings 26% Underway, on Par with 5-Year Average
In the USDA’s latest Crop Progress report, corn plantings were reported at 26% complete during the week ending April 30, up from 14% the week prior.
Corn plantings are on par with the 5-year average. North Dakota is the only state that has yet to get on the board this planting season. Most states report plantings ahead of their respective 5-year average rates.
Corn emergence was reported at 6%. This compares to the 5-year average of 5% at this time and year-ago progress of 3% this week. Emergence in Texas is at 65%, while North Carolina reports corn at 48% emerged. Both are above their average emergence rates. Missouri corn is 31% emerged, while Kentucky and Tennessee report 24% and 23%, respectively.
Corn futures are flat to slightly firmer so far Tuesday morning...
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