Slowest Corn Planting Pace Ever For Dakotas, Minnesota

 

By Joel Karlin, DTN/Progressive Farmer  

5/4/2022 

 

We thought that the CME markets would have a more positive reaction to the weekly USDA crop progress and condition report figures on Monday afternoon showing spring wheat and row crop plantings are less advanced than had been anticipated.

 

Part of this tied to weather forecasts showing warmer and drier forecasts for the Midwest but soybean and spring wheat seedings are so delayed that one would expect at least some depressing impact on both planted and harvested acreage and yields.

 

This is particularly true in the Dakotas and Minnesota where a year after severe drought conditions led to a fast rate of plantings, a series of storms with blizzards and freezing temperatures this spring has set progress way back.

 

It is no small consideration in that these three states now account for 20% of US corn acreage and 25% of soybeans and are among the first of the states to have the earliest prevented planting dates while other crops such as barley, oats, and sugar beets seeded in that region of the country also being adversely impacted.

 

Nationally as of May 1, corn plantings increased just 7% to 14% vs 42% last year and the 33% five-year average and since national ratings started in 1986 only three times has corn planting progress been slower including 1993, 1995 and 2013 with yields those seasons well below trend...

 

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https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2022/05/04/slowest-corn-planting-pace-ever