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US corn harvest seen 27 percent complete, soy 38 percent

Published Updated

CHICAGO: The US Department of Agriculture's weekly crop progress report should show the US corn harvest as 27 percent complete and the soybean harvest 38 percent complete, according to the average of estimates from 10 analysts polled by Reuters on Tuesday.

The poll forecast the corn crop would be rated 62 percent good to excellent as of Sunday, down from 63 percent the previous week, and the soybean crop rated 60 percent good to excellent, unchanged from a week earlier.

The USDA plans to release its weekly update at 3 p.m. CDT (2000 GMT) on Tuesday, a day later than usual due to Monday's federal Columbus Day holiday.

Analysts on average estimated the US 2018 winter wheat crop as 49 percent planted by Sunday, up from 36 percent the previous week.

 

Copyright Reuters, 2017
 

 

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