@kannbwx

1m

Analysts see U.S. #corn planting as of Sunday at 85%, up from 72% last week and still 2nd slowest in more than 25 years. #Soybeans at 67% planted would equal the recent 5yr avg. Spring #wheat at 67% would still be record slow. Spring wht avg planting pace for date is ~92%.

USDA crop progress:

https://release.nass.usda.gov/reports/prog2322.txt

@kannbwx

U.S. #corn was 86% planted as of Sunday vs 72% a week earlier, #soybeans 66% vs 50% last week. Those were in line w/ estimates but spring #wheat planting at 73% was well above guesses. Don't forget, progress doesn't necessarily inform on the number of acres actually planted.

@kannbwx

Some feedback from the North Dakota #CropWatch22 producer on prevent plant (PP; govt payments you can get when you can't plant a crop): he has never seen PP payments pencil out to a profit. It is still expensive (rent, weed control, other debts, etc). PP is not preferable.

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@kannbwx

I have seen some chatter about PP payments being profitable this year, or the "govt paying farmers to not plant crops." At least for the Crop Watch producer, PP is truly a last resort and is not attractive at all. Maybe someone else has a different experience, likely not tho.

@kannbwx

North Dakota is planting #corn & #soybeans at a record slow pace, corn by a comfortable margin. Only 56% of ND's corn was planted by May 29, and May 25 was the last day for most ND farmers to plant  and be fully eligible for elected crop insurance. ND grows 3% of U.S. corn.

3mReplying to 

@kannbwx

The precipitation % of normal map shown here explains why North Dakota & northern Minnesota have had so much trouble planting this spring. Equipment cannot enter fields when it's so wet, and planting crops in very wet soils doesn't work out well.

@kannbwx

U.S. spring #wheat planting was near record slow as of Sunday at 73% complete, as wet weather has delayed top growers North Dakota & Minnesota. Spring wheat accounts for 32% of the full U.S. wheat crop, and last year's spring harvest was the smallest since 1988 due to drought.

@kannbwx

North Dakota's spring #wheat planting is no longer slowest ever (but it's close) at 59% complete by May 29. Final planting date is either May 31 or June 5, but 91% of ND's wheat should be planted by now. ND grows half of the country's protein-rich spring wheat.

@kannbwx

North Dakota is planting #corn & #soybeans at a record slow pace, corn by a comfortable margin. Only 56% of ND's corn was planted by May 29, and May 25 was the last day for most ND farmers to plant  and be fully eligible for elected crop insurance. ND grows 3% of U.S. corn.

More rains in the Plains continue to help HRW (Central Plains).

https://www.marketforum.com/forum/topic/83844/

7 Day Total precipitation below:

http://www.wpc.ncep.noaa.govcdx /qpf/p168i.gif?1530796126

Rains the past 72 hours:

https://www.iweathernet.com/total-rainfall-map-24-hours-to-72-hours