16 August 2010 22:14 [Source: ICIS news]
HOUSTON (ICIS)--The condition of US corn and soybean crops in the top-producing states seems to support projections for record yields, data from the US Department of Agriculture (USDA) indicated on Monday.
USDA rated the corn crop in the 18 top-producing states as 71% good or excellent as of 15 August, level with last week, but up three percentage points from the same date a year ago.
The condition of the soybean crop in the top states was rated as 66% good or excellent, the same as last week and a year ago.
Crop watchers said the national average corn yield was likely to hit the USDA’s projected 165 bushel/acre average if some timely rains hit eastern corn belt areas of central Illinois, Indiana and Ohio.
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