Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Crop Progress: Corn Conditions Unchanged

ByT. Marc Schober
Published 10/01/2013, 12:42 AM
Updated 07/09/2023, 06:31 AM

Corn conditions remained unchanged over the last week. Corn and soybean harvests are both behind their historical five year averages.

As of September 29, 2013, 16% of the corn crop was in poor or very poor condition, unchanged from last week. Corn in good or excellent condition was 55%, unchanged from last week. Matured corn was at 63%, 7% behind the five year average. Corn that has been harvested was at 12%, behind last year's pace of 52%.

Soybean condition was 15% in poor or very poor condition, a 2% decrease from last week. Soybeans in good or excellent condition was 53%, an increase of 3% from last week. Soybeans dropping leaves were at 67%, compared to 83% last year at this time. A total of 11% of the soybean crop has been harvested, 9% behind the five year average.

Winter Wheat planted as of September 29, 2013 was 39%, only a percentage point behind the five year average. 12% of the winter wheat crop has emerged, unchanged from last year at this time.

December futures for corn ended the week at $4.41 per bushel, a 2.6% decline from last week. November soybeans ended the week at $12.82, a 1.9% decrease from last week, and December wheat ended the week at $6.78, a 3.8% increase from last week. Year to year corn prices are down 41.7%, soybeans are down 17.8%, and wheat is down 23.3%.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.