Corn crop ratings keep falling


USDA released market-neutral to friendly corn crop ratings and market-negative soybean data Monday. In its weekly Crop Progress Report, the USDA estimates the U.S. corn crop as 60% good/excellent, 24% fair, and 16% very-poor to poor. Meanwhile, the U.S. soybean crop is rated as 13% very-poor to poor, 26% fair, 61% good-to-excellent. "I think the…

Corn Supply Record Still Possible


The maturity of the U.S. corn crop is still on track in most areas according to the most recent U.S. Department of Agriculture crop progress report. Additionally, with only spotty exception, the majority of the crop is of comparable condition as that of 2009, when U.S. corn growers set the current production record. "While it’s…

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