The USDA’s national good to excellent ratings for corn and soybeans declined last week. Some of the drier areas of the Midwest and Plains have recently received much needed rainfall, but that precipitation was not as widespread as originally forecast and did include excessive rain in parts of the region.
As of Sunday, 55% of U.S. corn is rated good to excellent, 2% less than last week, with 97% of the crop silking, 75% at the dough making stage, and 31% dented, all behind the respective five-year averages, while 4% of the crop has reached maturity, matching the normal pace.
55% of U.S. corn, 57% of soybeans rated good to excellent
