U.S. Spring Wheat Crop Conditions Rated the Worst Since 1988

The talk of possible rain relief comes as drought continues to impact crops, with spring wheat conditions hitting the lowest rating since 1988. 

USDA's latest Crop Progress Report shows only 9% of the spring wheat crop across the country is rated good to excellent. 66% is rated poor to very poor. With conditions continuing to deteriorate, USDA Meteorologist Brad Rippey says you have to go back to 1988 to find a spring wheat crop rated this poor. 

Meanwhile, the corn crop dropped 1 point in a week, now at 64% good to excellent nationally, and soybeans slipped 2 points, falling to 58% good to excellent across the country. 

"With the dry weather in the Midwest, and disappearing moisture supplies in the Upper Midwest, we saw a two point decline in the good to excellent ratings, down to 58%," says Rippey. "That's of course below last week's 60%, and now 12% is very poor to poor. That's up a point from last week."

soybean conditions

Taking a closer look at soybeans, USDA shows Minnesota farmers are seeing their worst conditions in 18 years. That state's crop condition ratings dropped 7 points in just one week, now 36% of the crop is rated good to excellent.

Iowa's soybean rating slipping 4 percentage points to 61% good to excellent.
 

 

Latest News

Gulke: The Grain Markets Need to Add Risk Premium
Gulke: The Grain Markets Need to Add Risk Premium

Despite being lower for the week, the grain markets all closed higher on Friday and might have been putting in risk premium says Jerry Gulke, president of the Gulke Group.

$3 Corn? That Could be the New Reality Without a Weather Problem This Year
$3 Corn? That Could be the New Reality Without a Weather Problem This Year

As drought deteriorates across the U.S., it's a positive signal for growing a big crop in 2024. And analysts say if weather continues to fuel this year's crop, December corn futures could fall into the $3 range by fall.

Grains See a Strong Rally Friday: Was it Just Short Covering?  Steady Southern Cash Supports Live Cattle
Grains See a Strong Rally Friday: Was it Just Short Covering? Steady Southern Cash Supports Live Cattle

Grains close higher on short covering and putting in some risk premium.  Live cattle ended higher with steady Southern cash. Hogs broke above chart resistance. Rich Nelson, Allendale, Inc. covers it all.  

Soybean Outlook: 5-30-90 Days (4/19/24)
Soybean Outlook: 5-30-90 Days (4/19/24)

Pro Farmer recaps the week's price action for soybeans and shares outlook broken down into the next 5, 30 and 90 day segments.

NEW: USDA Confirms Cow-to-Cow Transmission a Factor in Avian Flu Spread
NEW: USDA Confirms Cow-to-Cow Transmission a Factor in Avian Flu Spread

USDA said this week cow-to-cow transmission is a factor in the spread of avian flu in dairy herds, but it still does not know exactly how the virus is being moved around.

Drones: American Made Option Emerges Amid DJI Ban Saga
Drones: American Made Option Emerges Amid DJI Ban Saga

Anzu Robotics, an emerging U.S.-based commercial drone manufacturer, announces its entrance into the drone market with the launch of two enterprise aerial platforms.