The USDA’s national condition ratings for corn and soybeans both improved slightly last week following rain in some of the drier parts of the Midwest and Plains. That is expected to be temporary, with hot, dry conditions in the forecast for many of the northern and western parts of the region, potentially lasting into early August.
65% of U.S. corn is rated good to excellent, steady on the week, but with 1% moving from good to excellent, with 56% of the crop silking, compared to the five-year average of 5%, and 8% at the dough making stage, compared to 7% on average.
