The USDA overnight released its latest estimate for progress on the US soybean harvest.

Investors had expected a 12% figure, according to a Reuters poll.

 

State Harvest progress (%)
Change on week Change on year Difference from 5-year average
Arkansas 50 15 1 27
Illinois 13 9 -4 8
Indiana 8 5 -8 0
Iowa 2 N/A N/A -3
Kansas 6 5 0 3
Kentucky 28 11 0 16
Louisiana 73 14 -13 13
Michigan 2 N/A N/A -2
Minnesota 8 7 -2 1
Mississippi 61 11 -4 16
Missouri 7 4 -4 3
Nebraska 3 N/A N/A -3
North Carolina 3 1 -2 0
North Dakota 13 10 2 7
Ohio 1 N/A N/A -4
South Dakota 5 4 -1 1
Tennessee 39 13 2 23
Wisconsin N/A N/A N/A
18 States 12 6 -2 4