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72% of U.S. corn, 67% of soybeans good to excellent

The USDA’s national condition rating on corn declined from week to week. That followed a warmer, drier pattern in some key U.S. growing areas.

As of Sunday, 72% of the crop is in good to excellent condition, down 4% on the week and 5% from this time last year, with 90% of the crop emerged, compared to the five-year average of 82%.

In the first rating of the season, 67% of U.S. soybeans are called good to excellent, 5% below a year ago, with 90% of the crop planted, compared to 79% on average, and 76% emerged, compared to the normal pace of 59%.

50% of U.S. winter wheat is rated good to excellent, 2% higher than the previous week, but 1% lower than last year, with 85% of the crop headed, compared to 86% on average, and 2% of the crop harvested, compared to the five-year average of 7%.

38% of spring wheat is in good to excellent shape, 5% below the week before and 44% under a year ago, with 90% of the crop emerged, compared to the usual rate of 86%.

46% of cotton is reported as good to excellent, 3% above both the week before and this time last year, with 71% of the crop planted and 9% emerged, both slower than average.

75% of rice is in good to excellent condition, an increase of 1% on the week and 5% on the year, with 91% of the crop emerged, matching the five-year average.

35% of pastures and rangelands are called good to excellent, up 4% from last week but down 14% from last year.

The USDA’s next set of supply, demand, and production numbers is out Thursday with 2021 acreage totals scheduled for the end of the month.