There were minimal changes to the USDA’s national corn and soybean ratings last week. Weather was mixed for most of last week, with parts of the Midwest and Plains receiving precipitation, including damage storms in some areas, while others remained dry.
As of Sunday, 51% of U.S. corn is rated good to excellent, up 1% on the week, with 8% of the crop silking, compared to the five-year average of 9%.
50% of soybeans are called good to excellent, down 1%, with 24% of the crop blooming, compared to 20% on average, and 4% at the pod setting stage, compared to the normal rate of 2%.