Crop Conditions Fall Amidst Ongoing Drought

ouUSDA reports a continued decline in crop conditions for corn, soybeans, oats and spring wheat. The dip in crop quality stems from ongoing and worsening drought conditions across much of the U.S. The agency says 96% of corn has emerged, still ahead of the five-year average by 2%. USDA pegs 12% of the country’s corn is rated poor/very poor, up 4% from last week. Corn rated good to excellent fell to 55%.

USDA says 92% of soybeans have emerged, 9% ahead of the five-year average. The agency pegs 12% of the nation’s soybean crop in poor to very poor condition, 9% higher than the previous week. Good-to-excellent rated soybeans fell to 54%, down from 59% the previous week.

Read more on crop conditions and the latest Crop Progress Report here.