Markets Extra

US soybean harvest progress for major growing states, November 3

Markets Extra05 Nov 2019by Markets Extra

Agrimoney crunches weekly USDA soybean harvest progress data for the week to Sunday.

The previous week’s data are available here.

Investors had expected a 75% figure, according to a Reuters poll.

US soybean harvest progress, November 3
	Harvest completed	Change on week	Change on year	Difference from 5-year average
Arkansas	82%	+5	+11	-5
Illinois	77%	+8	-14	-14
Indiana	79%	+8	-7	-7
Iowa	80%	+14	-6	-11
Kansas	70%	+14	+10	-7
Kentucky	77%	+8	+14	+10
Louisiana	99%	+1	+4	+1
Michigan	57%	+6	-16	-21
Minnesota	80%	+18	-13	-17
Mississippi	93%	+3	+2	-1
Missouri	54%	+11	-8	-19
Nebraska	94%	+9	+6	0
North Carolina	45%	+6	+2	+4
North Dakota	56%	+27	-29	-39
Ohio	78%	+8	-3	-8
South Dakota	82%	+24	-8	-14
Tennessee	75%	+3	+8	+2
Wisconsin	62%	+16	-14	-23
National reading	75%	+13	-6	-12
Harvest completed data in percent. Other data in percentage points

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There has been some movement at last in the new soybeans-versus-corn price ratio, seen as an influence on sowing area. Cotton stakes its claim too

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