U.S. Corn Remains at 73% Good to Excellent in USDA Crop Condition Report

U.S. Corn Remains at 73% Good to Excellent in USDA Crop Condition Report

Soybeans slip to 70% good/excellent; spring wheat at 70% USDA's Crop Progress and Condition report shows

U.S. corn's condition remained at 73% good to excellent on Monday in USDA's latest weekly crop ratings, with crop development largely ahead of the average pace, although the amount dented trailed the average.

Soybeans slipped to 70% good to excellent from 71% the previous week. In Iowa, the top corn and soybean producer, corn slipped to 76% good to excellent from 77% while soybeans improved to 75%.

Chicago corn closed higher on Monday and soybeans mostly lower as traders await USDA's monthly crop supply and demand numbers on Tuesday.  Analysts, on average, expect larger corn and soybean crops in the report.

Soybeans slip to 70% good/excellent; Spring wheat at 70% USDA's Crop Progress and Condition report shows

For corn, 11% percent had dented, 54% was in the dough stage, versus the respective averages of 11% and 46%. Silking was at 96% versus the 95% average.

For soybeans, 92% were blooming and 79% were setting pods, both were ahead of the averages. In Iowa, 79% were at pod setting and 92%blooming, while in Illinois, 79% had set pods and 94% reached the blooming stage. Both states were ahead of the averages.

Winter wheat harvest at 95%
Winter wheat harvest advanced to 95% from the previous week's 90% and was ahead of the 90% average.  Harvest finished a week ago in Kansas, the largest wheat state, while Nebraska, through last week, was 98% cut against the 95% average.

The soft red winter harvest finished a week ago in Arkansas, Illinois, Indiana and Ohio.

Spring wheat harvest was 6% done, with Idaho and Washington the farthest along.  North Dakota, the top producer, had not started harvesting and wheat there was rated 83% good to excellent, down one point from a week earlier. The overall crop was unchanged at 70% good to excellent.

Cotton: 7% bolls open, 52% good to excellent
Bolls were open on 7% of the cotton versus the 9% average, and bolls had set on 83% versus the 80% average. The crop was 52% good to excellent, down one percentage point from a week ago.

Oats were 52% harvested, compared with the 64% average. Sorghum coloring was at 39% while 30% was mature, versus the 33% and 24% averages. It was unchanged at 59% good to excellent.

Rice was 71% headed, versus the 70% average and improved to 73% good to excellent.

Next week, USDA will add rice harvested to its weekly update.

TAGS: USDA Wheat
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