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RSS By: Kevin Van Trump, AgWeb.com

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

Weekly Crop Conditions State the Case on Corn and Beans....

Jul 01, 2014

 Weekly Corn Crop-Conditions: It's hard for many to believe, but the USDA reported weekly corn crop-conditions actually improved a hair last week.  Remember, most in the trade were thinking the heavy rains and storms last week had caused some damage...not according to the latest USDA estimate. Several top producing states are now well ahead of last years conditions:  According to the data, Iowa's crop has about 22% more of their crop rated in GD/EX condition when compared to last year; MO & WI about +20% better; IL +11% better; SD +9% better; MN & ND +7% better; MI +6% better... IN, NE & OH all a little worse off than last year.     CLICK HERE for my daily report... 

 



Weekly Soybean Crop-Conditions: The USDA reported weekly soybean crop-conditions as "unchanged" from the previous week at 72% rated GD/EX; 20% Fair and 5% P/VP. This now makes it one of the top rated US soybean crop's (at this stage of the game) since records have been kept. Similar to corn, many of our top-producing soybean states are seeing much better crops than last year at this time: Iowa is about +19% better than last year; MO +16% better; ND +9%; SD +7%; AR +3%; IL +2%... IN, NE, OH & KS are a little worse off than last year in regard to overall soybean conditions.  MN seems to be about the same as last year with 59% of their crop rated GD/EX.  Below are the weekly adjustments,  The states in Green improved from the previous week while the states in red saw overall crop conditions fall under pressure.   CLICK HERE for my daily report...

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