The U.S. Department of Agriculture (USDA) Crop Report as of July 8, 2024, shows promising developments in corn and soybean progress, crucial information for the propane and renewable fuels sectors.
- 18% of corn across the 18 states is silking, which accounts for 92% of the corn acreage. Tracking corn progress is important for propane demand, as corn drying relies heavily on propane during the harvest season.
- Additionally, 20% of the soybeans have bloomed in the 18 states, representing 96% of the soybean acreage. This progress is vital for the renewable fuels industry, like biodiesel, where soybeans are a key resource.
Understanding these trends is essential for industry stakeholders preparing for the upcoming months. For a detailed view of the crop conditions and more specific data, please click here.
Questions? Contact Kate Gaziano, Director of Regulatory Affairs and Associate General Counsel.
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