U.S. corn harvest continues to lag, though progress is steady, according to a report on Meatingplace.com. Corn harvest progressed by 14 percentage points in the week ending Nov. 22 compared to a week ago, but lags the five-year average by 26 percentage points, according to USDA's weekly crop progress report.

Corn harvest stood at 68 percent complete, compared to 54 percent a week ago. Last year at this time 87 percent of the corn crop was in. Over the past five years, 94 percent of the crop is typically harvested by now. The statistics represent activity in the states that produced 94 percent of last year's corn crop.

Soybean harvest stood at 94 percent complete by Nov. 22, up from 89 percent a week ago. This compares to 97 percent by this time last year and 97 percent on average over the past five years. The statistics represent activity in the 18 states that produced 95 percent of last year's soybean crop.

Read the full report.

Source: Meatingplace.com