The condition of both U.S. corn and soybeans maintained their overall levels compared to a week earlier, according to USDA’s June 11 report.
With 94% of corn acres emerged, condition of the corn crop declined only 1% vs. the previous week when 78% was rated as “good” (61%) or “excellent” (17%). The ag agency reports that, overall, the current crop is rated as 77% “good” (59%) or “excellent” (18%). This compares with 67% “good” (57%) or “excellent” (10%) a year ago.
As of Sunday, USDA says that 93% of soybean acres had been planted, up 6% from the previous week, and 83% had emerged. This is up significantly from a year ago when 74% was out of the ground on this date. The 5 year average for emergence as of June 11 is 69%.
The soybean crop is currently rated as 60% “good” and 14% “excellent.” This is down 1% from a week earlier and up 8% vs. last year on this date.