Soybean planting in the US is proceeding at a record pace
By May 4, American farmers had planted 30% of the planned area with soybeans, which is the highest figure for this date in history. A year ago, soybean planting was completed on 24% of the planned area. This is stated in the report of the National Agricultural Statistical Service of the US Department of Agriculture (NASS).
The pace of corn and spring wheat planting is also ahead of average. By May 4, 40% of the planned area was planted with corn (35% a year ago and 39% on average over the past five years), and 44% of the planned area was planted with spring wheat (45% and 34%).
The condition of winter wheat crops improved last week. The share of winter wheat crops in excellent and good condition increased to 51%, which is 2% more than the week before and 1% more than a year ago.
Read also
Spring planting in Russia starts at worst pace in many years
Soybean prices in Ukraine continue to rise, but export demand is declining
US pressures Lithuania to resume transit of Belarusian fertilizers
Turkey to increase imports of Kazakh grain
Poland assessed how increased rapeseed processing in Ukraine will affect its market
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon