US Corn, Soybean Harvest Lags 5-Year Average Pace

The U.S. corn and soybean harvest pace is behind the 5-year average as of Oct. 4, according to the USDA's latest Crop Progress report. Soybeans are 25% harvested (vs. 33% average) and corn is 23% complete (vs. 27% average), with wet weather cited as the cause for delays.