According to the most recent USDA crop progress report, some 56% of corn crops were reported silking as of the week ended July 18, in line with the 55% reported silking in the same week last year. The 5-year average for corn silking in the week was 52%.
According to the most recent USDA crop progress report, some 26% of corn crops were reported silking as of the week ended July 11, in line with the 26% reported silking in the same week last year. The 5-year average for corn silking in the week was 30%.
USDA has reported some 10% of corn crops silking, above the 9% reported silking in the same week last year. The 5-year average for corn silking in the week was 14%.
According to the latest USDA Crop Progress report, 23% of corn was reported denting in the week ended August 16. This exceeded the 13% reported denting this time last year but was just below the 5 year average of 24%.
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.
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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.