According to the latest Crop Progress report from USDA, 95% of corn has been planted as of the week ended May 30. This surpasses the 90% reported planted in the previous week and the 92% reported planted in the same week last year. The 5-year average planting rate for this week was 87%.

Some 81% of corn was reported emerged in the same report, above both the 76% emerged last year and the 64% emerged in the week prior. The 5-year average emergence rate for this week was 70%.

Some 62% of corn crops were reported in "good" condition, with another 14% in "excellent" condition and 20% in "fair condition."

USDA also reported 84% of soybeans have been planted, an increase from the 74% planted by this point last year. This also surpasses the 67% 5-year average.

According to the report, 62% of soybeans have emerged, above the 50% reported emerged in the same week last year. The 5-year average for soybean emergence in this week was 42%.

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