Jun 28, 2022

2022 U.S. Corn Rating Declines 3%, Soybeans Decline 3%

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

Corn - The condition of the 2022 U.S. corn crop declined 3 points last week to 67% rated good/excellent. Two states indicated that the corn condition had improved last week, 15 states indicated that the corn condition had declined, and 1 was unchanged. The two improving states were Michigan and North Dakota while most of the other states declined with Ohio unchanged. The top five rated corn states are: Pennsylvania, Iowa, Wisconsin, South Dakota, and North Dakota. The five lowest rated corn states are: Texas, North Carolina, Ohio, Colorado, and a tie between Indiana and Tennessee.

Corn ratings declined last week due to hot and dry weather across the Midwest. The heaviest rainfall last week was across the northwestern Corn Belt. The latest Drought Monitor indicated that 19% of the corn is in drought (up 2% from last week). Weekend rains favored some of the dryer areas of central and northwestern Illinois.

Soybeans - The condition of the 2022 U.S. soybean crop declined 3 points last week to 65% rated good/excellent. Five states indicated that the soybean condition had improved last week and 13 states indicated that the soybean condition had declined last week. Most of the improvements were found in the northern Corn Belt, while most of the declines were found in the central and southern Corn Belt. The top five rated soybeans states are: Iowa, Arkansas, Wisconsin, South Dakota, and Indiana. The five lowest rated soybean states are: North Carolina, Ohio, Tennessee, Kentucky, and Missouri.

The latest Drought Monitor indicated that 11% of the soybeans are in drought (up 2% from last week), but the 6-10 day forecast is calling for improved chances of rainfall across the Midwest.

Soil Moisture - The topsoil moisture declined last week with 3 states indicating improved soil moisture and 15 states indicating lower soil moisture. The three states where the soil moisture improved last week were Kansas, North Carolina, and South Dakota. The five states with the highest soil moisture are: North Dakota, Minnesota, South Dakota, Wisconsin, and Iowa. The five states with the lowest soil moisture are: Louisiana, Kentucky, Arkansas, Tennessee, and Nebraska.

The latest Drought Monitor indicated abnormally dry areas in eastern Illinois and northwestern Indiana. Dryness is also being reported in eastern Missouri, western Kentucky, eastern Nebraska, and northwestern Iowa. The topsoil moisture is below the crop-weighted 20-year average and declining. The current long-range forecast probably does not have enough rainfall to reverse the long-term dryer trend.