Tuesday, July 26, 2022

"USDA Crop Progress Report: Corn, Soybean Conditions Fall Week Ended July 24"

 From DTN Progressive Farmer:

This article was originally posted at 3:07 p.m. CDT on Monday, July 25. It was last updated with additional information at 3:47 p.m. CDT on Monday, July 25.
**
OMAHA (DTN) -- Heat and a lack of moisture in much of the country took a toll on U.S. crop conditions last week, with good-to-excellent condition ratings for corn, soybeans and spring wheat falling, USDA NASS reported in its weekly Crop Progress on Monday.

However, some relief is likely on the way for much of the country this week -- at least temporarily -- according to DTN meteorologists.

CORN

-- Crop development: 62% of corn was silking as of Sunday, July 24, according to NASS. That is 8 percentage points behind the five-year average of 70%. Corn in the dough stage was estimated at 13%, 2 percentage points behind the five-year average of 15%.

-- Crop condition: 61% of corn was rated in good-to-excellent condition, down 3 percentage points from 64% previous week and 3 percentage points below last year's rating at this time. "The current good-to-excellent rating is the third-lowest rating for corn since 2010," said DTN Lead Analyst Todd Hultman. "Last week's largest rating drops were in Tennessee, Kansas, Colorado and Nebraska -- all areas that have been short on moisture."....

....MUCH MORE

Soybeans up 1.25%, both corn and wheat are up over 2%.
From FinViz (also on blogroll at right):