Usually crop ratings don't matter at this time of year. I will make a speculative guess that the soybean ratings will drop another 1-2% just because the weather was so hot/dry in the southern/eastern belt last week and the crop was planted late. The double crop beans are getting hurt real bad in that area and especially here in Southwest IN, where we got our first rain of the month overnight..............0.07 inches.
This might end up being our driest September ever. I'll have to check to see if its the driest month ever.
So crop ratings will drop in OH/IN/S.IL/MO and possibly KS. Areas south of that planted on time and the crop is mature, except for the double crop. Not sure if ratings for double crop go into the weekly USDA report. If they do, there will be a drop in ratings for sure.
https://www.investing.com/economic-calendar/natural-gas-storage-386
The #CropWatch19 #soybeans are looking pretty photogenic this time of year, but the recent dry weather in the eastern belt has reduced yield potential to 3.19/5 from 3.25 (IL, OH). Iowa, Illinois, and Ohio look to be the first fields cut (about 1-2 weeks).
Yield expectations for the #CropWatch19 #corn stays at 3.25/5 for the third straight week. Kansas will be harvested this week but the others will likely wait another 2+ weeks. Another 6 weeks or so for North Dakota, which has been too wet.
Corn ratings improved +2%, beans were unch, cotton deteriorated another -2%
After looking at the numbers/breakdown, I'm surprised the bean rating did not drop a bit.
The ratings stayed the same gd/exc in 3 states, got better in 4 states but dropped in 11 states. It's so late in the year that this really doesn't matter anyways.
The potential for excessive rains might start getting some attention.
Crop progress highlights - #corn and #soybeans remain well behind average in maturity. Spring #wheat harvest is lagging. Corn conditions rose 2 pts to 57% good/excellent and soybeans stayed the same at 54%.
#Corn maturity is not yet the slowest with 29% as of Sunday (average is 57%). Only 2009 was slower on the same date with 26%. Based on the way denting is going, will 2019 soon slip behind 2009? Reminder: Oct. 2009 was the WETTEST and 8th COLDEST of last 125 yrs in the Midwest.
Some 79% of U.S. #corn had reached the dent stage as of Sunday, which is the SLOWEST on record for the date. Five-year average is 94%. Slightly faster on this date: 1992 & 1993 80%, 2009 83%.
Spring #wheat harvest in North Dakota picked up the pace a little last week, moving to 85% complete as of Sunday, still behind normal (95%). 1993 was the slowest year toward the end (medium blue line), & 2004 fell off the pace at the end, too (orange line). 2014 & 2009 also slow.
Corn in the dent stage/mature stage nationally on September 22 (since 1990)
Denting:
2019 79%
1993 80%
1992 80%
2009 83%
1996 87%
2013 91%
2008 91%
1997 91%
1990 92%
1995 96%
Mature:
2009 26%
2019 29%
1993 33%
1992 33%
2008 36%
1996 37%
2013 40%
1997 41%
1990 50%
1995 60%
Soybeans dropping leaves nationally on September 22 (since 1990)
1993 33%
1996 33%
2019 34%****
1990 38%
1992 46%
2013 47%
2011 47%
2009 47%
2008 47%
1995 48%
