Crop Condition Report

The USDA June 20th, 2023, Crop Progress Report showed lower crop condition ratings for corn and soybeans. A commonly watched ranking from this report is the percentage of corn rated good to excellent (G/E). Across the US, 55% of corn and 54% pf soybeans were rated G/E (Figure 1 & Figure 2). This is the lowest mark for corn for this time of the year over the last 5 years and the second lowest rating on record since 1990 –...