Crop Condition Ratings Decline

Hot, dry weather in some key U.S. growing areas lowered the USDA's national corn and soybean condition ratings over the past week. Both crops are either at or close to critical development phases.

As of Sunday, 65% of corn is in good to excellent condition, down 3% on the week and 11% below this time last year. 19% of the crop is silking, compared to the five year average of 27%.

62% of soybeans are in good to excellent shape, 2% lower than last week and 9% less than a year ago. 34% of soybeans are blooming and 7% are at the pod setting stage, both a little ahead of normal.

Hot, dry weather is also taking a toll on spring wheat, with 39% of the crop now rated poor to very poor, a jump of 6% from last week.

67% of winter wheat is harvested, compared to 65% on average.

54% of U.S pastures and rangelands are rated good to excellent, 3% less than a week ago.

Source: AgriMarketing

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