US corn 67% good/excellent, soybeans 66% good/excellent in first ratings

Created at 1 Jun · 8:21 PM5 sources↑ Market-relevant4 events

IN SHORT

The first US soybean condition ratings show 66% in good or excellent condition, slightly below last year's 67% but above the 5-year average of 65%. Soybean emergence is at its fastest pace since 2001. The US corn crop was also rated 67% good/excellent.

Key Numbers

67%US corn crop good/excellent rating

66%US soybean crop good/excellent rating

65%5-year average soybean crop good/excellent rating

2001year soybean emergence pace last matched

Who's Involved

USDA NASS

Released weekly Crop Progress report

US corn 67% good/excellent, soybeans 66% good/excellent in first ratings

↳ Why This Matters

Crop condition ratings are a key indicator for agricultural markets and global food supply. Early season ratings provide insights into potential yields and can influence commodity prices. This report covers the U.S. national crop.

Key facts

US corn crop rated 67% good/excellent.
US soybean crop rated 66% good/excellent.
Soybean emergence is at its fastest pace since 2001.
Ratings are from USDA NASS's weekly Crop Progress report.
Report released on Monday.

Frequently asked questions

The US corn crop is rated 67% good-to-excellent.

The US soybean crop is rated 66% good-to-excellent.

These ratings were released on Monday as part of the USDA NASS's weekly Crop Progress report.

How It Developed

1 Jun · 10:51 PM

Iowa's corn condition is rated 82% good/excellent, with a state average yield starting at 215 bpa.

@cer_hedge via PiQSuite

1 Jun · 8:32 PM

The new article states the current corn condition rating of 67% is below the average analyst estimate of 70%.

@OliverSloup via PiQSuite

1 Jun · 8:11 PM

First soybean condition ratings show 66% good/excellent, down from 67% last year but above the 5-year average.

@drbrock37 via PiQSuite

1 Jun · 8:04 PM

The first corn condition rating of the year is 67% good/excellent, compared to 69% last year and a 5-year average of 71%.

@drbrock37 via PiQSuite

Sources

First corn condition rating of the year is out, starting off at 67% G/E. Last year's initial rating was 69, and the 5 year average is 71. https://t.co/js9UNtNNsX@drbrock37 via PiQSuite

RT @BlueLineFutures: Crop Progress Update for Corn National good/excellent: 67%, this compares to the average analyst estimate of 70% https…@OliverSloup via PiQSuite

RT @aghedger: Iowa corn 82% good/excellent Let's start the action at state average yield @ 215 bpa Long summer ahead but starting above…@cer_hedge via PiQSuite

The U.S. #corn crop is rated 67% good-to-excellent and the #soybean crop 66% good-to-excellent in their first condition ratings of the year, according to USDA NASS's weekly Crop Progress report released on Monday. https://t.co/cbgxi84dwq@FarmPolicy via PiQSuite

First soybean condition ratings come in at 66% G/E, compared to 67% a year ago, and the 5 year average of 65. Emergence is back to record fast pace since 2001 https://t.co/ngM78smFwj@drbrock37 via PiQSuite

US corn 67% good/excellent, soybeans 66% good/excellent in first ratings

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

Frequently asked questions

+ What is the good/excellent rating for the US corn crop?

+ What is the good/excellent rating for the US soybean crop?

+ When were these ratings released?

US corn 67% good/excellent, soybeans 66% good/excellent in first ratings

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

Frequently asked questions

+ What is the good/excellent rating for the US corn crop?

+ What is the good/excellent rating for the US soybean crop?

+ When were these ratings released?

How It Developed

Sources

Related Stories