Jul 16, 2024
2024 U.S. Corn Unchanged at 68% GD/EX, Soy Unchanged at 68%
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Corn - The condition of the 2024 U.S. corn crop remained unchanged at 68% rated good/excellent. Four states indicated that the corn condition improved last week and 14 states indicated that the corn condition declined last week. Most of the improvements were found in the central areas while most of the declines were found in the western and northern areas. The top five rated corn states are: Nebraska, Michigan, Missouri, Iowa, and a tie between Illinois and Pennsylvania. The five lowest rated corn states are: North Carolina, Texas, Colorado, Tennessee, and Minnesota.
The overall corn rating declined slightly due to dryness in southern areas and too much moisture in some of the wettest states. The timing of the rainfall from Hurricane Beryl was especially helpful for the corn in the Eastern Corn Belt as it enters pollination.
Soybeans - The condition of the 2024 U.S. soybean crop remained unchanged at 68% rated good/excellent. Six states indicated that the soybean condition improved last week, 9 states indicated that the soybean condition declined last week, and 3 were unchanged. Most of the improvements were found in the eastern areas while most of the declines were found in the western and southern areas The top five rated soybean states are: Nebraska, Kansas, Louisiana, Arkansas, and Missouri. The five lowest rated soybean states are: North Carolina, Minnesota, Wisconsin, Kentucky, and a tie between North Dakota and Tennessee.
The overall soybean rating declined slightly as well due to dryness in southern areas and too much moisture in some of the wettest states. Soybeans are entering reproduction under generally good conditions. There is currently enough soil moisture to sustain the crop through the end of July even without additional rainfall.
Soil Moisture - The nation's topsoil moisture declined last week with 6 states indicating improved soil moisture and 12 states indicating lower soil moisture. 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 five states with the highest soil moisture are: Minnesota, Wisconsin, Michigan, Missouri, and North Dakota. The five states with the lowest soil moisture are: Mississippi, Tennessee, North Carolina, Arkansas, and Kentucky.
Moisture from Hurricane Beryl helped in the eastern Corn Belt as the corn enters pollination. The soil moisture declined in the southern areas with four of the five driest states in the mid-South and South.