The U.S. corn crop improved on its good/excellent rating vs. a week ago, but many states are way behind on the silking stage level, according to the USDA’s weekly Crop Progress Report released Monday.

CORN

The overall condition of the corn crop is slightly above last week with 57% rated good to excellent in the top 18 corn producing states.

Corn rated good/excellent jumped up by only one percentage point vs. a week ago. The trade expected an improvement in conditions from last week.

USDA pegged just 8% of the corn crop was in the silk stage, compared with a 22% five-year average. At least eight major corn-producing states have 10% of less of their corn silking.

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SOYBEANS

The nation’s crop is rated 53% good/excellent, a 1% drop from last week.

Also, 96% of the soybean crop is planted, while 90% has emerged. Emergence remains behind a five-year average of 98%.

The USDA pegged the soybean blooming activity at 10%, well below a five-year average of 32%.

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