Aug 23, 2022
U.S. Corn Down 2% to 55% Gd/Ex, Soy Down 1% to 57% Gd/Ex
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Corn - The condition of the 2022 U.S. corn crop declined 2% last week to 55% rated good/excellent. Four states indicated that the corn condition improved last week, 12 states indicated that the condition had declined, and 2 states were unchanged. Most of the improvements were found in the northern locations while most of the declines were found across the Midwest. The top five rated corn states are: Wisconsin, Illinois, North Dakota, Minnesota, and Iowa. The five lowest rated corn states are: Texas, Kansas, Tennessee, North Carolina, and Kentucky.
The highest rated corn is generally found in the eastern Corn Belt with Illinois leading the way at 70% rated good/excellent. The lowest rated corn is generally found in the western Corn Belt with Kansas rated 26% good/excellent due to prolonged dry conditions. All the western states need additional moisture.
Soybeans - The condition of the 2022 U.S. soybean crop declined 1% last week to 57% rated good/excellent. Four states indicated that the soybean condition improved last week, 12 states indicated that the condition had declined, and 2 states were unchanged. Most of the improvements were found in the southern locations while most of the declines were found across the Midwest. The top five rated soybean states are: Wisconsin, Indiana, Illinois, Minnesota, and Iowa. The five lowest rated soybean states are: Kansas, Nebraska, Kentucky, Tennessee, and Missouri.
August is the most important month for soybeans and thus far, the weather has been beneficial for the crop especially in the eastern Corn Belt. In contrast, the soybeans in the western Corn Belt needs additional moisture
Soil Moisture - The nation's topsoil moisture improved last week with 12 states indicating improved soil moisture and 6 states indicating lower soil moisture. Most of the improvements were found in the northern and eastern areas while most of the declines were found in the central and western areas. The five states with the highest soil moisture are: Louisiana, Kentucky, Wisconsin, Ohio, and Tennessee. The five states with the lowest soil moisture are: Nebraska, Kansas, South Dakota, Iowa, and Missouri.
A cut-off low pressure system slowly moved across the central and eastern Corn Belt over the weekend resulting in several waves of rainfall and cooler temperatures. The eastern Corn Belt received the bulk of the rainfall while the western Corn Belt received lessor amounts. Dryness remains a concern in western and southern Iowa, Nebraska, Kansas, and South Dakota.