May 23, 2013

U.S. corn & soybean conditions drop for a third week, dry weather to continue

The USDA released it weekly Crop Progress and Condition report yesterday, lowering corn and soybean conditions for the third week in a row.

Corn was 14 percent very poor to poor, five percentage points higher than last week, and corn rated goo-to-excellent dropped 7 percentage points to 56 percent. Ten percent of the corn crop is silking.

Soybean conditions also dropped, with 15 percent of the crop rated very poor to poor, increasing three percentage points from last week, and 53 percent rated good to excellent, dropping three percentage points. The crop is 12 percent bloomed.

Winter wheat harvest hit 59 percent this week. Spring wheat is 57 percent headed, while conditions for the crop increased one percentage point from 76 percent last week to 77 percent this week.

Stress will continue to increase for corn and soybean crops in much of the southern and eastern Midwest during the next 7 to 10 days due above normal temperatures with limited rainfall. The Delta will also see little rain. The Northern plains and northern part of the Midwest could see shower activity.

Source: USDA NASS

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