date:Jul 25, 2012
Monday's USDA-NASS Crop Progress report shows that as of Sunday, only 26% of the nation's corn crop is rated in either the good or excellent category. Meanwhile, just shy of half -- 45% -- of the crop is rated very poor or poor. That's a 7% increase in the number of acres that could be near the end of the line for this year.
Soybean conditions remain slightly better than corn, but not much; as of Sunday, 31% of the bean crop is rated good to excellent, while 35% is rated very poor or poor, acco