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Corn Rating Falls, Soybean Conditions Nearing A Month of No Improvement

Soybeans are sharply behind in setting pods.

DES MOINES, Iowa --  The U.S. corn crop conditions dropped, while the soybean crop is nearing a month of no improvement, according to the USDA’s weekly Crop Progress Report released Monday.

Corn

The overall condition of the corn crop is rated at 57% good to excellent in the top 18 corn producing states, a drop from 58% a week ago.

The USDA pegged 78% of the corn crop was in the silk stage, compared with a 93% five-year average.

Also, 23% of the corn has entered the dough stage vs. a 42% five-year average.

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READ MORE: CORN BELT WEATHER WATCH: JULY 29-AUGUST 4

Soybeans

The nation’s crop is rated 54% good/excellent, equal to a week ago.

Also, 72% of the soybean crop is blooming vs. a 87% five-year average.

The USDA pegged the amount of soybeans setting pods at 37%, well below a five-year average of 63%.

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Wheat

The U.S. winter wheat harvest is 82% complete vs. a 92% five-year average. Meanwhile,  the U.S. spring wheat crop is rated as 73% good to excellent, equal to last week’s rating.

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