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2024 Feedstuffs Feed Ingredient Analysis Table
It's back! Feedstuffs has updated its feed ingredient analysis values table of more than 100 commonly used feed ingredients.
Corn and soybeans both move closer to 20% completion.
Thanks to mostly agreeable weather forecasts this past week, the 2021 corn and soybean harvests found some forward momentum. Corn’s pace is a bit faster, at 18% completion, but soybeans aren’t too far behind, with 16% complete through Sunday. USDA left quality ratings for both crops unchanged in its latest weekly crop progress report, out Monday afternoon and covering the week through Sept. 26.
At 18% completion, corn harvest is progressing slightly slower than analysts anticipated, when they offered an average trade guess of 19% prior to today’s report. It’s still three points above the prior five-year average of 15%, however. The vast majority of the crop (97%) is now dented. And 74% is fully mature, which is running well ahead of the prior five-year average of 64%.
Corn crop quality held steady week-over-week, with 59% rated in good-to-excellent condition, 26% rated fair, and the remaining 15% rated poor or very poor.
Soybean harvest is running a bit faster than analyst expectations, with 16% completion through Sunday versus an average trade guess of 15%. It’s also three points above the prior five-year average of 13%. Three-fourths of the crop is now dropping leaves, up from 58% last week and ahead of the prior five-year average of 66%.
As with corn, soybean crop quality remained steady from a week ago, with 58% rated in good-to-excellent condition, 28% rated fair, and the remaining 14% rated poor or very poor.
Winter wheat plantings moved from 21% completion a week ago up to 34% through Sunday, mirroring analyst expectations. It’s also moving slightly faster than 2020’s pace of 33% and the prior five-year average of 32%. Nine percent of the 2021/22 crop is now emerged, up from 3% a week ago.
Click here to read the latest USDA crop progress report for additional information on cotton, sorghum, sugarbeets and more.
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