U.S. Corn Unchanged at 57% GD/EX, Soybeans Decline 1% to 55%

соя кукурудза soy corn

The condition of the 2023 U.S. corn crop held steady last week at 57% rated good/excellent. Seven states indicated that the corn condition improved last week and 11 states indicated that the corn condition declined. Most of the improvements were found in the eastern and southern areas while most of the declines were found in the western and northern areas. The top five rated corn states are: Texas, North Carolina, Tennessee, Ohio, and Pennsylvania. The five lowest rated corn states are: Missouri, Illinois, Michigan, Wisconsin, and Minnesota.

Dry weather in the northern and northwestern areas led to a deterioration of the corn.

The condition of the 2023 U.S. soybean crop declined 1% last week to 54% rated good/excellent. Seven states indicated that the soybean condition improved last week, 10 states indicated that the soybean condition declined, and 1 was unchanged. Most of the improvements were found in the eastern and southern areas while most of the declines were found in the western and northern areas. The top five rated soybean states are: Mississippi, Arkansas, Tennessee, North Carolina, and Ohio. The five lowest rated soybean states are: Missouri, Michigan, Wisconsin, Illinois, and North Dakota.

Continued slow growth of soybeans in the dryer areas is a concern especially now that the calendar will turn to August next week.

The nation’s topsoil moisture declined last week with 5 states indicating improved topsoil moisture and 13 states indicating lower topsoil moisture. Most of the improvements were found in the southern locations while most of the declines were found across the Corn Belt. The five states with the highest rated topsoil moisture are: Tennessee, Arkansas, Kentucky, Mississippi, and Michigan. The five states with the lowest rated topsoil moisture are: Missouri, Minnesota, Wisconsin, North Dakota, and Iowa.

The topsoil moisture started out very low this growing season, then it improved for the last three weeks and now it has topped out and will probably head lower especially with the higher temperatures. This could be important because the crop water demand is increasing at the same time the temperatures are increasing.

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