USDA's crop progress report for the week ended May 8 reported 22% of corn crops planted, compared to 64% reported planted by this time in 2021. The 5-year average for corn planted in this week is 50%. North Carolina led among the top 18 corn planting states with 91% of its total corn crop planted.

Some 5% of corn has emerged as of the week ended May 8, below the 18% reported emerged in the same week last year and the 5-year average of 15%.

About 12% of soybeans have been planted, according to the report. That's down from the 39% of soybeans the agency said had been planted at this time last year. The 5-year average for soybeans planted at this time is 24%.

This week's report also included the first data on soybean emergence. About 3% of soybeans have emerged in 18 states that account for 96% of the nation's soybean crop. The five year average for soybean emergence at this time of year is 4%.

The report also showed 24% of cotton and 22% of sorghum have been planted so far this year.

The full report is available online.

Click here for more industry news.