USDA: Corn, Soybean Ratings Drop
Silking falling behind in major corn-producing states
The U.S. corn and soybean ratings fall, according to the USDA Monday.
CORN: In its report, the USDA estimates the corn good/excellent rating at 71%, up from 73% a week ago. The silking progress in major corn-producing states of Iowa, Illinois, Indiana, and Nebraska is behind the five-year averages.
SOYBEANS: USDA rated 31% of the nation’s soybean crop in the blooming stage, up from the 24% five-year average.
WHEAT: In its report Monday, the USDA rated the U.S. winter wheat crop as 56% harvested, vs. a 55% five-year average.