U.S. corn rated 65% good/glorious, soybeans 60% -USDA

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U.S. corn rated 65% good/glorious, soybeans 60% -USDA


By Karl Plume

CHICAGO, June 21 (Reuters)The U.S. Division of Agriculture (USDA) barely lowered its U.S. corn and soybean crop scores in its weekly crop progress report on Mondayhowever slashed its spring wheat crop score, after per week of scorching and dry climate within the U.S. Midwest and Plains.

The U.S. corn crop was rated to be 65% in good-to-excellent form as of Sunday, down three proportion factors from per week earlier and a degree decrease than the common estimate in a Reuters survey of 11 analysts forward of the report.

Soybeans have been rated 60% good to glorious, consistent with analyst expectations however down 2 factors from per week earlier. The USDA additionally mentioned the U.S. soybean crop was 97% planted, on par with commerce expectations.

Crop scores for spring wheat, grown within the drought-hit northern U.S. Plains, declined sharply previously week, forward of weekend storms that provided some reduction. The USDA mentioned simply 27% of the crop was in good-to-excellent form, a 10-point drop that was properly beneath expectations.

The U.S. winter wheat harvest was 17% full as of Sunday, with 49% of the crop rated good to glorious, the USDA mentioned.

All figures in p.c:

Class

Analyst common

Analyst vary

USDA final week

USDA this week

Corn situation*

66

64-67

68

65

Soybeans situation*

60

58-61

62

60

Soybeans planted

97

94-99

94

97

Winter wheat harvested

16

12-25

4

17

Winter wheat situation*

48

46-51

48

49

Spring wheat situation*

35

33-36

37

27

*% good/glorious

(Reporting by Karl Plume in Chicago; Modifying by Matthew Lewis and Peter Cooney)

(([email protected]; +1 313 484 5285; Reuters Messaging: [email protected]))

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