11 June 2019, 14:11, Oilseeds

Soybean planting in the US dropped by 35 pct

This year, sowing of soybeans in the US is delayed. As of June 9, 2019, the crop was planted on 60 per cent of the area vs. 92 per cent on the corresponding date of the previous year. The five-year average amounts to 88 per cent, USDA reports.

Soybeans emerged on a twice less area from the previous year — 34 per cent in 2019 vs. 81 per cent in 2018.

The data covers 18 states which planted 95 per cent of the 2018 soybean areas.

Sunflower sowing is also delayed in the country. As of June 9, 2019, the crop was sown on 49 per cent of the area, while in the same period last year this indicator reached 69 per cent.

According to the USDA report, the current situation in the US is a result of prolonged rainfalls and high soil moisture. Thus, 25 per cent of farmland in 48 states is still over-moistened at an average annual rate of 8 per cent.

Corn planting campaign in the United States is carried out on 83 per cent of the planned areas vs. 99 per cent in the corresponding period last year. Corn emerging area is 1.6x lower than the previous year — 62 per cent vs. 93 per cent.

The infographic guide Agribusiness of Ukraine 2017/18 is available by the link.