Investors had expected a 4% figure, according to a Reuters poll.
This was the first US soybean harvest reading of 2023.
| State | Harvest progress (%) |
Change on week | Change on year | Difference from 5-year average |
| Arkansas | 15 | +3 | +7 | +5 |
| Illinois | 1 | n/a | n/a | -1 |
| Indiana | 1 | n/a | 0 | -2 |
| Iowa | 3 | +2 | n/a | +1 |
| Kansas | 4 | +3 | +2 | +3 |
| Kentucky | 6 | +5 | +2 | -1 |
| Louisiana | 66 | +21 | +19 | +18 |
| Michigan | 1 | n/a | -1 | 0 |
| Minnesota | 6 | n/a | +5 | +2 |
| Mississippi | 42 | +15 | +10 | +16 |
| Missouri | – | n/a | n/a | n/a |
| Nebraska | 4 | n/a | 0 | 0 |
| North Carolina | 1 | n/a | -2 | -2 |
| North Dakota | 4 | n/a | 0 | -2 |
| Ohio | – | n/a | n/a | n/a |
| South Dakota | 2 | n/a | 0 | -1 |
| Tennessee | 11 | +9 | +6 | +4 |
| Wisconsin | – | n/a | n/a | n/a |
| 18 States | 5 | n/a | +2 | +1 |
