Majority of U.S. corn and soybean crop rated good to excellent

19742683-g.jpeg

The USDA’s national crop condition for corn and soybeans mostly held steady, meaning a majority of the crops are good to excellent.

On Sunday, the USDA revealed 69 percent of both the corn and soybean crop were in good to excellent shape.

Currently, 59 percent of the corn crop is silking and 9 percent is at the dough making stage. Both of those marks are slightly higher than average.

As for soybeans, 64 percent of the crop is blooming and 25 percent is at the pod setting stage. Like corn, both numbers are above the five-year average. Typically in mid-July, 57 percent of the crop is blooming and 21 percent is at the pod setting stage.

In the wheat sector, 74 percent of the winter wheat has been harvested and 91 percent of the spring wheat has been headed.