Corn conditions improved by a percentage point, while good-to-excellent soybean numbers remained unchanged in the last week, according to Monday's USDA Crop Progress report.

Corn pollination and soybean pod-setting remain slightly behind the normal pace, though both closed in on the average numbers in the last week.

Corn and soybean development, though looking promising at this point in the season, could hit a brick wall later in the year if an early frost comes calling to the Midwest. With more corn left to pollinate in key states like Iowa and Wisconsin, it could translate to lower harvest numbers if the frost comes early.

"It looks to me like we have a very good-looking late crop that at least eight to 10% of will not get to full maturity," writes Agriculture Online Marketing Talk member p-oed Farmer. "It's almost impossible to guess as to what the final yields will be."

USDA is releasing its monthly Crop Production report Tuesday morning at 7:30 am CDT. Watch Agriculture Online for full coverage of the report and its effects on the corn and soybean markets.

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Corn conditions improved by a percentage point, while good-to-excellent soybean numbers remained unchanged in the last week, according to Monday's USDA Crop Progress report.