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U.S. Corn Ratings Fall Slightly, USDA Says

The crops’ growth stages move forward.

DES MOINES, Iowa -- U.S. corn and soybean good/excellent ratings drop from a week ago.

The trade had expected the ratings to worsen.

CORN

On Monday, the USDA Crop Progress Report pegged the U.S. corn crop as 68% good/excellent, below a 70% rating from a week ago.

USDA pegged 85% of the corn crop as being in the dough stage vs. a 72% five-year average.

There is 44% of the corn in the dent stage vs. a 26% five-year average.

SOYBEANS

In its report, USDA pegged the U.S. soybean crop condition at 65% good/excellent, below a week ago rating of 66%.

USDA rated 91% of the soybean crop as setting pods vs. a 83% five-year average.

Soybeans082018


WHEAT

USDA reported that 60% of the U.S. spring wheat is harvested vs. a 44% five-year average.

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