AccuWeather: Another Historic Low as 'Billion-Dollar Disaster' Looms
USAgNet - 06/10/2019
AccuWeather predicts corn planting will remain at its record-low rate when the U.S. Department of Agriculture releases its latest Crop Progress report Monday.
A new AccuWeather analysis estimates 82% of corn will be reported as planted in the 18 key U.S. corn-producing states, an historic low for the second week of June since record keeping began in 1980.
"There are a lot of variables affecting whether or not farmers plant," said AccuWeather senior meteorologist Jason Nicholls. "Maybe the weather this week was fine or not, or maybe farmers are thinking, 'The price isn't good enough so I'll just take the insurance.'
Or, there could still be flooding -- there are just a lot of things going on."
Corn planting has been at an all-time low percentage for the last three reports and remains behind schedule in 17 of the 18 states monitored, according to the most recent Crop Progress. Soybean planting is behind in 16 of the 18 key soybean-producing states,
according to the report, but there is still more time left for soybean planting to take place.
The June 2 Crop Progress report indicated just 67% of corn was planted in 18 key corn-producing states. The 2014-18 average for corn planted by June 2 is 96%.
Time has almost run out for U.S. farmers hoping to plant corn in 2019. Historical data shows that corn yield could drop at least 28% if corn is planted on or after June 10.