Crop Condition Ratings Increase; Futures Choppy Following Grain Deal Expiration
In the latest Crop Progress report, the USDA shows corn conditions were modestly altered to reflect a combined 13% in poor to very poor condition, compared to 14% the previous week. 30% of corn is rated fair, while 57% ranges good to excellent, up 2 points from a week ago.
Corn in the silking stage was up to 47% complete, compared to the 5-year average of 43%.
This week's report also showed preliminary figures for corn dough—which is the stage of growth when about half the kernels are...
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