From DTN Progressive Farmer, August 23:
This article was originally posted at 3:07 p.m. CDT on Monday, Aug. 23. It was last updated at 3:52 p.m. CDT on Monday, Aug. 23.
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OMAHA (DTN) -- U.S. corn and soybean conditions fell again last week, USDA NASS said in its weekly Crop Progress report Monday. The trade had expected conditions for both crops to hold steady.
Following a 2-percentage-point drop in the Aug. 16 report, U.S. corn condition fell another 2 percentage points last week to reach 60% good to excellent as of Sunday, Aug. 22, NASS said. The current rating is now tied for the third-lowest good-to-excellent rating in the past 12 years, said DTN Lead Analyst Todd Hultman.
"Illinois had the largest decline in corn condition of 7 percentage points followed by Wisconsin with a 5-point decline," Hultman said.
Corn dented was estimated at 41%, slightly ahead of the five-year average of 38%, while the percent of the crop reaching maturity was equal to the five-year average of 4%....
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