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August 28, 2018

U.S. Corn Condition Holds Steady, Soybeans Improve

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

Corn - The condition of the 2018 U.S. corn crop held steady last week at 68% rated good to excellent. Six states indicated that the corn condition improved last week, 10 states indicated that the corn condition declined last week, and 2 states were unchanged. Most of the improvements were found in the central Corn Belt, while most of the declines were found in the northern and southern Corn Belt. The top five rated corn states are: Nebraska, Illinois, Ohio, Minnesota, and Wisconsin. The five lowest rated corn states are: Missouri, Texas, North Carolina, Kansas, and Michigan.

A series of weather systems continue to bring rainfall across much of the central Corn Belt maintaining generally good conditions for the corn.

Soybeans - The condition of the 2018 U.S. soybean crop improved 1% last week to 66% rated good to excellent. Twelve states indicated that the soybean condition improved last week and 6 states indicated that the soybean condition declined last week. Most of the improvements were found in the central Corn Belt, while most of the declines were found in the southern and northern Corn Belt. The top five rated soybean states are: Nebraska, Illinois, Ohio, Wisconsin, and Mississippi. The five lowest rated soybean states are: Missouri, North Dakota, Kansas, South Dakota, and Louisiana.

The month of August is critical for soybeans and thus far this August, the weather has been beneficial for the crop. The soil moisture improved for the second week in a row which is really good news for the soybean crop.

Soil Moisture - The nation's soil moisture improved last week with 12 states indicating improved soil moisture and 6 states indicating declining soil moisture. Most of the improvements were found across the Corn Belt, while most of the declines were found in the southern Corn Belt. The five states with the best soil moisture are: Indiana, Ohio, Arkansas, North Carolina, and a tie between Nebraska and Kansas. The five states with the driest soils are: Missouri, North Dakota, Louisiana, South Dakota, and Mississippi.

The soil moisture improved again last week for the second week in a row which is especially good news for the soybean crop. Any widespread dryness is now confined to Missouri, North Dakota, and the western Delta.