The 2024 Corn Harvest Is Officially Underway; Hurricane Francine to Make Landfall 

The week ending September 8th saw the start of measurable corn harvest in the U.S. for 2024.

The USDA reports 5 percent of this year’s corn crop has been harvested so far, which is slightly above a year ago at this time, and two points ahead of the 5-year average. Texas reports 75 percent of its corn crop has been harvested, while North Carolina has harvested 18 percent. Nine of the 18 primary corn-producing states have yet to begin harvest activities...

Corn Planting Progress Slightly Outpacing Average Rate

In the USDA’s latest Crop Progress report, corn plantings as of Sunday, April 7 were 3% underway across the 18 primary production states. This is slightly behind the 5-year average rate of 2%. 

Seven states now report planting progress, up from six the previous week. North Carolina and Missouri/Tennessee showed the most week-over-week progress, jumping 8 and 5 percentage points, respectively. 

States failing to get on the board include Iowa, Michigan, Minnesota, North Dakota, Ohio, South Dakota, and Wisconsin.

Corn futures were down 1 to 2 cents...

Initial Progress Reports Show Corn Plantings 2% Underway

Corn plantings for the week ending March 31 were 2% underway when averaging the 18 primary corn production states. This is slightly above the 5-year average by this time last year and is even with this week last year.

Texas is ahead of schedule, with 57% of its corn crop in the ground, compared to the 5-year average of 53%.

Plantings in Kansas, Kentucky, Missouri, and Tennessee are each 2% underway. Meanwhile, 12 of the 18 primary production states have reported zero progress in plantings so far this year...