US Harvest is now 39% complete; soybean progress reaches 38% complete.

The latest USDA crop progress report shows relatively slow soybean harvest progress after plentiful rain and snow fell across the central U.S. this past week. Soybean harvest progress also inched forward last week, moving from 32% complete to 38% complete. That crop’s harvest pace has fallen behind 2017’s corollary of 47% and a five-year average of 53%. Only three of the top 18 production states – Illinois (60%), Mississippi (73%) and Louisiana (86%) have crossed the halfway mark so far. And 95% of this year’s soybean crop are now dropping leaves, up from 91% the prior week and slightly ahead of 2017’s pace of 93% and the five-year average of 92%. Soybean crop quality lost two points last week, with 66% of the crop in good-to-excellent condition. Another 23% of the crop is rated fair (up one point from the prior week), with the remaining 11% rated poor or very poor (also up one point from the prior week).