The USDA’s good to excellent rating on corn held steady last week as soybeans declined slightly. Weather continues to be mixed across the Midwest and Plains, with a mostly hot, dry pattern in some key growing areas balanced out by nearly ideal conditions in others.
As of Sunday, 64% of U.S. corn is rated good to excellent, unchanged on the week, with 37% of the crop silking, compared to the five-year average of 48%, and 6% at the dough making stage, compared to 7% on average.
