For the week ended July 26, USDA's latest crop progress report showed 82% of corn silking, more than the 51% reported silking this time last year and the 5 year average of 75%.
The latest USDA crop progress report showed 59% of corn crops were silking in the week ended July 19, ahead of the 30% reported silking in the same week last year.
According to the latest USDA Crop Progress report, which was the first report of the year to begin tracking corn silking and soybean blooming, both are slightly ahead of last year's progress.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.