US corn and soybean conditions weakened by dry weather

22 August 2011 22:26  [Source: ICIS news]

HOUSTON (ICIS)--Dry weather in the US midwest is weakening the condition of the 2011 corn and soybean crops, according to data made available by the US Department of Agriculture (USDA) on Monday.

The USDA's weekly Crop Progress Report indicated as of 21 August, only 44% of the corn planted in the 18 top-producing states was in good condition, while only 13% was rated as excellent.

That compares with ratings of 46% good and 14% excellent a week earlier, and 47% and 23% respectively on the same date a year ago.

The condition of the soybean crop also worsened to 46% good this week compared with 48% good last week.

The corn crop has been hardest hit in eastern areas of the Corn Belt, while western corn growing states are faring better.

Corn in Nebraska is rated as 57% good this week while the Iowa rating is 48% good.

In Indiana, where heat and drought have been intense this summer, only 31% of the corn crop is rated as good.

The USDA on 11 August reduced its predicted corn yield to 153 bushels/acre, down from 158 bushels/acre estimated in July.

Crop analysts anticipate further reductions in corn and soybean yields when the USDA issues its next crop production estimates in September.

By: Frank Zaworski
+1 713 525 2653

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