Corn conditions declined slightly again in the latest USDA crop progress report. Falling one point behind last week, corn condition is now at 54% good to excellent. Corn progress is at or near the five-year average, with crop maturity at an estimated 8% compared to the average of 9%. Wisconsin and Illinois host the best-rated corn, 76% and 69%, respectively, and Kansas holds the lowest rated thanks to extreme drought at just 22% good to excellent.

Meanwhile, soybean conditions hold steady while crop progress falls just behind the average pace. USDA estimated 57% of U.S. soybeans to be in good-to-excellent condition, unchanged from last week. However, the current rating is tied for the seventh lowest since 2000.

Read more on the latest USDA crop progress and conditions report here.