Corn crop rating fell 1% as expected but beans stayed the same instead of falling a bit.

https://release.nass.usda.gov/reports/prog3219.txt

Karen Braun@kannbwx

U.S. Crop Progress, Aug. 4:

#Corn 57% good/exc condition (-1 pt on wk)

#Soybeans 57% good/exc (unch) Spring

#wheat 73% g/e (unch)

#Cotton 54% g/e (-7 pts on wk) 

Sorghum 68% g/e (-3 pts on wk)

Karen Braun@kannbwx

U.S. #corn conditions fall 1 point to 57% good/excellent led by declines in Illinois, Nebraska, Kansas, Colorado, and Texas. Conditions in Indiana and Ohio continue to be poor but they were unchanged on the week. Iowa improved 1 pt to 66% g/e.

Karen Braun@kannbwx

Conditions for U.S. #soybeans were unchanged on the week at 54% good/excellent, but top producer Illinois fell 4 points to 40%. Nebraska dropped 4 while Iowa improved 3, and Ohio fell 1 point to 29% good/excellent.

Karen Braun@kannbwx

Here's planting progress for #soybeans versus the previous 5 years and their yields as a reminder. On June 1, just 38% of the U.S. soybean crop was planted versus and average of 78%.

As of Sunday, 72% of U.S. #soybeans were blooming, well off 87% avg. Here's 2019 versus the previous 5 years where we have experienced much elevated yields relative to prior years. Average is 49.7 bpa. This year we will find out if you can plant >50% of a bean crop in June.