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USDA Crop Ratings Blow Year Ago Grades Out Of The Water

Corn, soybean good/excellent conditions drop vs, week ago.

DES MOINES, Iowa — The U.S. corn crop condition rating is surging double-digits over last year’s grade, at this same time.

Likewise, the soybean crop condition is flourishing by leaps and bounds vs. year ago ratings.

CORN

In its Weekly Crop Progress Report Monday, the USDA rated corn crop as 94% emerged vs. the 92% five-year average.

The U.S. corn crop is rated 77% good/excellent, slightly below last week’s rating of 78% but way ahead of last year’s rating of 67%.

SOYBEANS

In its report, USDA pegged the U.S. soybean crop as 93% planted vs. a 85% five-year average.

USDA pegged soybean emergence at 83% vs. a 69% five-year average.

The USDA rated the crop condition for soybeans at 74% good/excellent, one point below a week ago but well over the 66% from a year ago.

WHEAT

USDA reported that 70% of the U.S. spring wheat is rated as good/excellent, vs. a 45% five-year average.

 

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