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U.S. Corn and Soybean Crop Ratings Continue Dropping

USDA drops the good/excellent ratings Monday.

DES MOINES, Iowa --The U.S. corn and soybean crop conditions are going the wrong way, as the hot and dry weather threatens yield potential.

In its weekly Crop Progress Report, the USDA dropped both crops’ good-to-excellent ratings, while the spring wheat crop continues to deteriorate.

CORN

As of Sunday, 65% of the U.S. corn crop had been rated good/excellent, below the 68% rating a week ago but with the trade expectations, according to the USDA Crop Progress Report Wednesday.

The governmental agency noted that Minnesota’s corn crops are rated at a strong 80% good-to-excellent condition, while Iowa’s crop rating is pegged at 77%. USDA pegged the U.S. corn silking at 10%, below a 13% five-year average.

The report indicates that 46% of the country’s corn crop is in the silk stage.

corn-condition-july-10

Click on the map to see state-by-state differences for corn condition.

SOYBEANS

For soybeans, 34% of the nation’s crop is blooming vs. a 32% five-year average. USDA pegged soybean setting pods at 7% vs. a 5% five-year average.

The U.S. soybean crop good/excellent rating is at 62% vs. a 64% rating a week ago and a 71% rating a year ago.

soybean-condition-july-10

Click on the map to see state-by-state differences for soybean condition.

WHEAT

The USDA pegged the U.S. spring wheat crop as 35% good-to-excellent, below 37% a week ago and sharply below a 70% rating a year ago.

 

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