USDA: Corn and Soybean Conditions Remain Unchanged
Corn and soybean conditions remain steady compared to last week’s ratings and slightly behind the five-year average, according to the USDA.
In its Weekly Crop Progress Report, the USDA rated U.S. corn 69% good/excellent, matching last week’s rating, and 4% behind the five-year average of 73%. The report shows 85% of the U.S. corn crop is in the dough stage, up 14% from last week.
The USDA rated the U.S. soybean crop as 63% good/excellent, identical to last week’s rating, and 7% behind this time of year in 2014. The percentage of soybeans setting pods rose by 8% from last week at 87%, just 1% behind the five-year average.
Minnesota’s corn crop came in at 88% good/excellent, with Iowa’s corn crop at 82% good/excellent. Illinois had 56% in good/excellent condition, and 47% of Indiana’s corn crop rated good/excellent.