The USDA’s national corn and soybean condition ratings fell from the previous week.
Last week saw mixed weather for the Midwest and Plains, but that did include very hot and dry conditions in key corn and soybean growing states. Light drought relief did come near the end of the week in the Dakotas and surrounding areas.
As of Sunday, 60% of U.S. corn is in good to excellent shape, down 2% on the week and 4% on the year, with 86% of the crop at the dough making stage, compared to the five-year average of 81%, and 41% at the dent stage, three percent ahead of the average pace.