US Corn, Soybean Condition Slips Further 

The condition of the US corn and soybean crops slipped further this past week. 

Monday’s USDA crop progress report pegged the nationwide corn crop at 57% good to excellent as of Sunday, a 1-point drop from a week earlier and now down 4 points over the past two weeks. At 59% good to excellent, the condition of the soybean crop was also down 1 point on the week and has now drifted 2 points lower over the past two weeks. 

In Friday’s USDA supply-demand report, the USDA trimmed its 2022 US corn yield estimate to 175.4 bu/acre from its earlier trend-based projection of 177 bu. On the other hand, the average estimated soybean yield was revised up to 51.9 bu/acre from 51.5 bu. 

Corn and soybean conditions both declined in Illinois, with corn down 2 points on the week to 73% good to excellent and soybeans down a single point to 69%. Iowa ratings declined as well, as the condition of the corn crop dropped a hefty 7 points to 66% good to excellent and the soybean crop lost 8 points to 63%. In contrast, the condition of the Indiana corn crop gained 2 points to 54% good to excellent as of Sunday and soybeans added 3 points to 54%. 

The Michigan corn crop was rated 67% good to excellent as of Sunday, an increase of 5 points from a week earlier and the state soybean crop jumped 10 points to 59%. The condition of the Ohio corn crop slipped a single point to 58% good to excellent, but soybeans were up 3 points to 59%. The North Dakota corn crop was rated 69% good to excellent as of Sunday, versus 72% the previous week, while the state soybean crop gained 2 points to 61%. 

An estimated 94% of the US corn crop had reached the silking stage of development as of Sunday, compared to 90% a week earlier, 98% last year and 97% on average. Almost two-thirds (62%) of the crop was at the dough stage, up from 45% a week earlier but behind 71% last year and 65% on average. 

That portion of the corn crop at the dent stage was estimated at 16% as of Sunday, an increase of 10 points on the week and 4 points behind last year and the average. 

Just 12% of the Illinois crop had reached the dent stage, behind 25% on average, while Indiana was running 9 points behind at 8% dented. The Iowa crop was 15% dented, 3 points behind average. At 11% dented, the Michigan crop ahead of 5% on average, Ohio was on par at 10% and North Dakota was 3 points behind at 1% dented. 

As for soybeans, 93% of the crop was at the blooming stage as of Sunday, up 4 points on the week. That is 1 point behind last year but on par with the average. 

Nearly three-quarters (74%) of the soybean crop was podding as of Sunday, versus 61% the previous week, 80% last year and 77% on average. The Illinois crop was 73% podded, 5 points behind average, while Indiana and Iowa were 1 and 3 points behind at 71% and 80% podded. Michigan was 10 points ahead of average at 83% and Ohio was 2 points ahead at 74%. The North Dakota crop was 68% setting pods, well behind 80% on average. 

Source: DePutter Publishing Ltd.

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