61% of U.S. corn, 59% of soybeans good to excellent

U.S. corn and soybean condition ratings declined over the past week. That followed another round of generally warm, dry weather in parts of the Midwest and Plains, and while there was rain in parts of the region over the weekend, it wasn’t nearly enough to break expanding drought conditions.

The USDA says 61% of corn is called good to excellent, 3% less than last week, with planting officially wrapped up and 93% of the crop emerged, compared to the five-year average of 87%.

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