64% of U.S. corn, 63% of soybeans good to excellent


64% of U.S. corn, 63% of soybeans good to excellent

The USDA’s corn and soybean condition ratings moved lower over the past week.

That followed another week of generally hot, mostly dry weather in some key U.S. growing areas canceling out much better conditions in other parts of the region.

As of Sunday, 64% of U.S. corn is in good to excellent shape, 3% less than last week, with 7% of the crop silking, compared to the five-year average of 11%.

63% of U.S. soybeans are called good to excellent, 2% under a week ago, with 96% emerged, matching the usual pace, 16% blooming, compared to 22% on average, and 3% setting pods, in-line with the normal rate.

31% of winter wheat is rated good to excellent, up 1%, with 54% harvested, compared to 48% on average.

66% of spring wheat is reported as good to excellent, a jump of 7% thanks to recent rain in the northern Plains, while 20% of the crop has headed, compared to 57% normally in early July.

36% of cotton is in good to excellent condition, 1% lower, with 44% of the crop squaring, matching the five-year average, and 13% at the boll setting stage, compared to 12% on average.

76% of the rice crop is good to excellent, 3% above the prior week, and 15% of the crop has headed, equaling the five-year average.

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