The U.S. Department of Agriculture’s (USDA) weekly Crop Progress report estimated that 62% of the 2019 U.S. soybean crop had been harvested as of October 27.
According to U.S. Soy, this was an advancement of 16% from the previous week and compares with 69% collected the same week last year.
As one would expect, the best progress has been made in the Delta and central Plains regions where the current harvest pace is running ahead of last year.
In contrast, harvest is running behind last year in the major soybean-producing states of the Midwest including Illinois at 69% versus 84% last year, Indiana at 71% versus 78% last year, and Minnesota where the current pace of 62% is well below 83% the same week last year. The following chart shows weekly harvest data adjusted for the current year and highlights the below-average pace of the current harvest campaign.
