USDA reports that as of July 2, the condition of both corn and soybeans remain behind the 5-year average. The ag agency says that 68% of the U.S. corn crop is in “good” (55%) or “excellent” (13%) condition as of last Sunday.
The condition of the U.S. corn crop is changed only slightly compared to a week ago, but it still lags the 5-year average, according to USDA’s latest Crop Progress report.
With 100% of the corn planted in the 18 states that accounted for 92% of the 2016 corn acreage, USDA reported that 94% of corn acres have emerged as of June 11. This compares with 86% a week earlier, 95% last year on this date, and the 5-year average of 94%.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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