The progress and condition of the U.S. corn and soybean crops remain well ahead of 2015 on this date, as well as the 5-year average.
According to USDA’s crop progress report for July 10, 32% of corn is silking. This compares with 15% a week earlier and the 5-year average of 26%. The ag agency is also rating corn crop’s current condition (59% “good” and 16% “excellent”) as better than a year ago (54% “good” and 15% “excellent”).
USDA also reported that 40% of soybean acres were blooming as of July 10. This compares with 33% a year ago, 22% last week and the 5-year average of 31%. Only a small percentage of soybeans have begun to set pods (7% vs. 5-year average of 5%).
The condition of the soybean crop also remained improved vs. a year ago. Currently, 57% of soybeans acres are rated as “good” and 13% “excellent.” Last year on this date, 50% were rated as “good” and 12% as “excellent.”
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