Aug 20, 2024
2024 U.S. Corn Unchanged 67% Gd/Ex, Soy Unchanged 68 Gd/Ex
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Corn - The condition of the 2024 U.S. corn crop was unchanged this week at 67% rated good/excellent. Seven states indicated that the corn condition improved last week, 10 states indicated that the corn condition declined last week, and 1 was unchanged. Most of the improvements were found in the central and northern areas while most of the declines were found in the western and southern areas. The top five rated corn states are: Iowa, Illinois, Michigan, Missouri, and Nebraska. The five lowest rated corn states are: North Carolina, Texas, Kansas, Pennsylvania, and Tennessee.
We are now into the last two weeks of August with the corn in good condition with 30% of the corn dented and 5% mature. After a cool week this week, the weather looks warmer and dryer during the 6-10 day period.
Soybeans - The condition of the 2024 U.S. soybean crop was unchanged this week at 68% rated good/excellent. Nine states indicated that the soybean condition improved last week, 8 states indicated that the soybean condition declined last week, and 1 was unchanged. Most of the improvements were found in the central areas while most of the declines were found in the western and southern areas The top five rated soybean states are: Iowa, Louisiana, Missouri, Nebraska, and Indiana. The five lowest rated soybean states are: North Carolina, Tennessee, North Dakota, Ohio, and Kansas.
The soybean crop is also in good condition as we move into the second half of August. The warmer and dryer weather in the extended forecast could impact pod filling of the later planted soybeans.
Soil Moisture - The nation's topsoil moisture improved last week with 11 states indicating improved soil moisture and 7 states indicating lower soil moisture. Most of the improvements were found in the central and northern areas while most of the declines were found in the southern areas. The five states with the highest soil moisture are: North Carolina, Minnesota, Wisconsin, Michigan, and Missouri. The five states with the lowest soil moisture are: Mississippi, Louisiana, Ohio, Arkansas, and Tennessee.
Rainfall over the weekend favored the central and eastern Midwest. Cool and dry conditions are expected across the Midwest this week. Below normal rainfall and above normal temperatures are expected across most of the central U.S. during the 6-10 day period which will decrease soil moisture and led to some potential moisture stress on late developing crops.