31 August 2009 21:59 [Source: ICIS news]
HOUSTON (ICIS news)--At their current stage of development, the 2009 US corn and soybean crops continued to be rated higher in quality than a year ago, the US Department of Agriculture (USDA) said on Monday.
In the weekly crop progress report, USDA said 69% of corn fields on 30 August in 18 key producing states were rated as good to excellent compared with 64% on the same date in 2008.
Favourable growing conditions have given soybeans a boost with the USDA now rating 69% of fields in good to excellent condition compared with 57% a year earlier.
USDA predicted that the 2009 corn harvest would reach 12.8bn bushels, the second highest on record, while soybean production would be a record 3.2bn bushels.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections