The USDA’s good to excellent rating on corn held steady last week, while the soybean rating moved lower. Last week was another mixed week of weather across the Midwest and Plains and that’s going to continue to be a focus of farmers as corn and beans move into and through key development phases.
The USDA says 64% of U.S. corn is rated good to excellent, steady from a week ago, with 15% of the crop silking, compared to the five-year average of 25%, and 2% at the dough making stage, compared to 3% on average.
