Soybeans are up as well but not as dramatically.
From DTN Progressive Farmer:
USDA Crop Progress Report Shows Corn, Soybean Conditions Down Again
This article was originally posted at 3:04 p.m. CDT on Monday, Aug. 22. It was last updated at 4:52 p.m. CDT on Monday, Aug. 22.
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OMAHA (DTN) -- Corn and soybean good-to-excellent condition ratings both fell slightly again last week, USDA reported in its weekly Crop Progress report released Monday, Aug. 22.Corn was rated 55% in good-to-excellent condition, down 2 percentage points from 57% the previous week. Soybeans were rated 57% in good-to-excellent condition, down 1 percentage point from 58% the previous week.
CORN
-- Crop development: 97% of corn was silking as of Sunday, Aug. 21, according to NASS, 2 percentage points behind the five-year average of 99%. Corn in the dough stage was estimated at 75%, 4 percentage points behind the five-year average of 79%. Corn dented was estimated at 31%, 4 percentage points behind the average of 35%. Corn mature was estimated at 4%, even with the five-year average.
-- Crop condition: 55% of corn was rated in good-to-excellent condition, down 2 percentage points from 57% the previous week and 3 percentage points below last year's rating of 60%. "That's the fourth lowest rating going back to 2000," DTN Lead Analyst Todd Hultman said....
....MUCH MORE
Oats are leading the group higher, up 4.43%, followed by corn, up 3.70% and wheat up 1.93%.
