Crop Progress Update – 12/9/19
According to USDA, corn harvest figures remained below previous year levels through the week ending Dec 8th, finishing below average analyst expectations. Corn: Corn harvest progress as of the week ending Dec 8th was 92% complete, remaining behind last year’s pace of 100% and the five year average pace of 100%. Corn harvest progress finished at a ten year low seasonal pace and was below average analyst expectations of 94% completed. Corn harvest progress finished most significantly behind five year average figures throughout Michigan, followed by Wisconsin and Minnesota.