The U.S. Department of Agriculture’s (USDA) weekly crop progress report revealed that 55% of the U.S. winter wheat crop was rated in good-to-excellent condition, marking a slight decrease from the previous week. Despite the dip, these ratings are the highest for this time of year since 2020, indicating a relatively strong condition for the winter wheat crop. However, some analysts have noted dry and windy conditions in parts of the southern Plains that could potentially stress crops in those areas.
The relatively strong wheat ratings reflect a shift in global grain supplies to surplus, contrasting with the shortages experienced in the past several years. As of April 9, approximately 18% of U.S. winter wheat was situated in areas experiencing drought, a figure that remained steady from the previous week but significantly lower than the 49% reported a year ago. Most U.S. winter wheat will be harvested in June and July.
Meanwhile, farmers have initiated the planting of spring crops, with the U.S. corn crop reaching 6% planted, up from 3% the previous week. Although this figure is slightly below the average expectation of 7% among analysts, it represents progress in the spring planting season. Additionally, the USDA’s first progress update for soybeans indicated that 3% of the crop has been seeded, while spring wheat planting has reached 7%.
The ongoing planting progress and crop conditions in the U.S. provide insights into the state of key crops and agricultural activities, reflecting the evolving dynamics of the country’s agricultural landscape.