U.S. corn, soybean ratings decline

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U.S. corn, soybean ratings decline

The USDA’s condition ratings for U.S. corn and soybeans declined over the past week, with hot, mostly dry weather impacting early stages of development for both crops.

The USDA says 70% of U.S. corn is rated good to excellent, 2% lower than last week, with 95% of the crop emerged, matching the five-year average.

68% of soybeans are in good to excellent condition, down 2%, with 94% of the crop planted, compared to 93% on average, and 83% has emerged, compared to 84% on average.

91% of winter wheat has headed, compared to 95% normally this time of year, and 25% is harvested, compared to 22% on average, with 30% of the crop rated good to excellent, a decrease of 1%.

98% of spring wheat is planted, compared to 100% typically in late June, with 89% emerged, compared to 97% on average, and 59% of the crop called good to excellent, up 5%.

96% of cotton is planted, compared to 95% on average, 22% squaring, compared to the normal rate of 23%, and 6% setting bolls, compared to 4% on average, with 40% of the crop called good to excellent, a drop of 6%.

5% of rice has headed, matching the five-year average, and 72% is in good to excellent shape, 1% lower.

31% of U.S. pastures and rangelands are in reported as good to excellent, unchanged on the week.

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