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USDASoybean planting nears completion, corn conditions dip

U.S. soybean planting is nearing completion, while the corn crop conditions drop slightly, according to the USDA's weekly Crop Progress report.

For corn, USDA rated the crop 68% good/excellent, down slightly from last week's 70% rating. Also, 24% of the corn crop was rated fair and 8% very poor-poor.

As of Sunday, 97% of the soybean crop was planted, compared to 96% a year ago. The soybean crop is 92% emerged, slightly ahead of 91% from a year ago. USDA rated 67% of the soybean crop in good/excellent condition, the same as a week ago. Also, 26% of the crop is rated fair and 7% very poor-poor.

For winter wheat, 46% of the crop is rated very poor-poor, 25% fair, and 29% good/excellent. USDA reported 38% of the crop has been harvested, compared to 17% a year ago. The spring wheat crop is rated 25% fair, 15% very poor-poor, and 60% good/excellent.

The cotton crop is rated 40% good/excellent, 34% fair, and 26% very poor-poor.

U.S. soybean planting is nearing completion, while the corn crop conditions drop slightly, according to the USDA's weekly Crop Progress report.

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