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UPDATE 1-Rains slow tail-end of U.S. soy planting, delay wheat harvest
June 8, 2015 / 11:54 PM / 2 years ago

UPDATE 1-Rains slow tail-end of U.S. soy planting, delay wheat harvest

(Updates with state crop rates, analyst quote)
    By Christine Stebbins
    CHICAGO, June 8 (Reuters) - Heavy rains across the U.S.
Midwest and southern Plains last week slowed the wheat harvest
and the tail-end of soybean planting, but overall crop
conditions remain near historical averages, state crop reports
said on Monday.
    Soybean planting in the top 18 states was 79 percent
complete as of Sunday - up just 8 points on the week and
slightly lagging the five-year pace of 81 percent planted by
early June. 
    Kansas and Missouri were the furthest behind, with just a
third of the soybean crop in the ground. 
    "The high percentage of soybeans unplanted in Kansas and
Missouri - and to a lesser extent Nebraska - amounts to 7.6
million acres not in the ground based on what was planted last
year," said Rich Feltes, an analyst with RJ O'Brien.
    The northern half of Kansas received 2 inches of rain last
week, with northeastern Kansas getting over 6 inches, the state 
report said. In Missouri, "low lying fields were flooded where
localized areas received 3 inches of rain," according to the
Missouri update.
    The rains kept corn and soybean conditions from improving
and delayed the winter wheat harvest in the southern Plains. The
excess moisture also raised concerns about wheat disease, the
state reports said.
    Nationwide, corn was rated 74 percent good to excellent,
steady with the week before and the five-year average. Soybean
conditions were 69 percent good to excellent, versus 68 percent
for the five-year average.
    The winter wheat harvest was 4 percent complete, lagging the
typical pace of 12 percent for early June.
    The big hard red winter wheat states of Oklahoma and Texas
have struggled with too much rain and flooding during May, a big
switch from prior years of drought. 
    In Texas, 20 percent of the wheat was harvested as of
Sunday, 10 points behind the five-year average. The Oklahoma HRW
harvest was 13 percent complete, compared with the typical pace
of 37 percent.
    Overall winter wheat was rated 43 percent good to excellent,
down 1 point from the week before and steady with the historical
average. The condition of the spring wheat crop was 69 percent
good to excellent, compared with 71 percent last week and 72
percent on average.  
    The Ohio soft red winter wheat crop was 69 percent good to
excellent, up 2 points for the week, and the Texas HRW crop was
1 point lower at 50 percent good to excellent.
    Trade estimates on crop planting and conditions follows (in
percentages): 
                          USDA   Average  Estimate  USDA  5-year
                          June  Estimate     Range   May    pace
                             7                        31  
 Corn condition             74        74     74-75    74      74
 Soybean planting           79        82     79-85    71      81
 Soybean condition          69        71     65-74   n/a      68
 Winter wheat condition*    43        44     43-45    44      43
 Winter wheat harvest        4         5       2-8   n/a      12
 Spring wheat condition*    69        71     70-71    71      72
 *(percent                                                
 good/excellent)                                          
 
 (Reporting by Christine Stebbins; Editing by Meredith Mazzilli
and Ken Wills)

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