Corn Planting Nearly Complete

OMAHA (DTN) -- Corn planting was 97% complete as of Sunday, according to the USDA National Ag Statistics Service weekly Crop Progress report released Monday.Nationwide, corn planting progress jumped five percentage points last week, up from 92% the previous week.Corn emergence, at 86% nationwide as of Sunday, was slightly ahead of last year's 84% and three percentage points above of the average pace of 83%.Corn condition last week was rated 78% good to excellent, one percentage point down from the previous week's rating of 79%."Corn crops continue to do well with 97% planted and 86% emerged, slightly ahead of schedule," DTN analyst Todd Hultman said. "USDA’s 78% good-to-excellent rating ties 2007, while DTN’s Corn Condition Index of 188 is the highest since 1994."Soybean planting was estimated at 87% complete, according to NASS. That's 12 percentage points ahead of the average of 75%. 68% of soybeans were emerged, ahead of 55% last year and ahead of the average of 52%."USDA found soybeans 87% planted and 68% emerged, well ahead of schedule. USDA’s good-to-excellent rating of 75% results in a DTN Soybean Condition Index of 180 -- both of which are the highest ratings since 2010 showed the same start," Hultman added. "As an added note, 2010 turned out to be a bullish year for soybean prices -- a good reminder that it is still early in the crop season."Winter wheat was 83% headed, behind last year's 86% and equal to the five-year average. Winter wheat condition last week was rated 37% good to excellent, down from the previous week's rating of 38%."Winter wheat was 83% headed and 5% harvested, most of which was out of Texas," according to Hultman. "DTN’s Winter Wheat Condition Index of 61 is still the lowest since 2014."Spring wheat was 97% planted as of Sunday, compared the average pace of 94%. 81% of the crop was emerged, compared to the five-year average of 82%."Spring wheat was 97% planted and 81% emerged, close to its usual pace. USDA said 70% of spring wheat crops were rated good-to-excellent and the DTN Spring Wheat Condition Index was 170, both slightly higher than last year’s ratings at this time," Hultman concluded.Cotton was 76% planted as of Sunday, compared to 62% last week, 78% last year and 76% average. Rice was 95% emerged, compared to 85% last week, 90% last year and a 91% average.Sorghum was 61% planted as of Sunday, compared to 49% last week, 53% last year and a 54% average.Barley was 97% planted, compared to the average pace of 95%. 82% of the crop was emerged as of Sunday, compared to an average of 83%. Oats were 98% planted, compared to 94% last week, 99% last year and a 98% average. 90% of oats were emerged, compared to 82% last week, 95% last year and an 93% average.