The USDA’s good to excellent ratings for corn and soybeans held last week. Conditions continue to vary widely, generally favoring eastern growing areas over those in the west.
54% of U.S. corn is in good to excellent shape, with 92% of the crop at the dough making stage, 63% dented, and 15% mature, all behind the respective five-year averages.
The USDA’s first corn harvest estimate of the season is expected to be out next Monday.
