The nation’s corn crop took a stumble recently. The latest Crop Progress Report from USDA shows while it may have declined, it is still holding well above last year’s levels.
It is rated 67 percent good to excellent, which is down a point from last week but ahead of the 57 percent rating this time last year. 68 percent of soybeans are in the top category, which is unchanged from last week and 14 points ahead of last year.
77 percent of the spring wheat crop is holding at good to excellent, and 76 percent of winter wheat is now in the bin, which is 11 percent ahead of last year’s 65 percent and four above the five-year average.
Related Stories
HTS Commodities broker Lewis Williamson joins us to break down the latest USDA Crop Progress Report and how weather and global supply chain issues could influence planting conditions moving forward.
Federal officials are signaling a more aggressive push on beef packer concentration, but any direct market impact will depend on what the investigation actually finds.
The USDA’s annual report leaves dairy producers with a mixed picture. Output and herd size expanded, but weaker prices kept income from rising with production.
Total cash receipts from marketings of cattle, calves, hogs, and pigs climbed by 18% in 2025 to $165 billion.
March crush data showed stronger soybean and canola processing, but softer animal fat production.
DOJ and USDA investigate beef industry concentration, with Big Four packers under scrutiny and a major settlement announcement expected later this week.
