The USDA’s national good to excellent ratings for corn and soybeans moved lower last week. That is due to another week of hot, dry weather in parts of the Midwest and Plains, in addition to excessive rain leading to flooding in parts of the Eastern Corn Belt.
As of Sunday, 58% of the U.S. corn crop is called good to excellent, 3% less than last week, with 90% of the crop silking, compared to the five-year average of 93%, 45% at the dough making stage, compared to 49% on average, and 6% of the crop dented, compared to 9% on average.
58% of U.S. corn, 59% of soybeans rated good to excellent
