Nebraska corn planting progress at 17 percent done

Credit James Watkins  CC 2.0

Credit James Watkins CC 2.0

Producers in IL were able to make significant progress planting corn over the past week. South central Iowa is the only area with less than half the oat crop planted.

Pasture and range condition was rated at 2 percent poor, 19 percent fair, 58 percent good and 21 percent excellent.

Topsoil moisture in our area rated 0% very short, 1% short, 86% adequate, and 13% excess, according to the report.

IN was the only state that is ahead of last year's total corn acres planted with 4% of the crop in the ground, which is 3% ahead of last year. The idea that planting could be delayed also outweighed a report from China that showed a 99% drop year-over-year in imports of corn last month.

When it comes to soybeans, the 18 states with 95 percent of the soybean acreage has six percent planted which is three percent above the average of three percent.

The most active corn contract for July delivery rose 6.25 cents, or 1.71 percent, to settle at 3.7175 dollars per bushel. Weekly rain totals varied from none or just sprinkles at locations such as Newton, Toledo, Brooklyn, Williamsburg and Iowa City to 1.97 inches north of Woodbine in Harrison County.

Since the release of the March 31 Prospective Plantings Report and the April World Agricultural Supply report, the corn and soybean markets turn their focus to spring planting. Headed was 25 percent, ahead of 20 previous year and 17 average. Livestock conditions remain good and feedlots are improving. Lambing progress was 87 percent, ahead of 81 past year and 82 average.

Stock water supplies were 1 percent very short, 6 short, 80 adequate, and 13 surplus.

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