date:Aug 22, 2012
For the week ending Aug. 19, USDAs National Agricultural Statistics Service reported that 51 percent of the US corn crop and 37 percent of the soybean crop were rated in very poor to poor condition. NASS said corn rated very poor to poor was just shy of the August 1988 record of 53 percent. Future improvements in the overall condition of corn will be unlikely because of a record-setting pace of corn denting and maturity (60 percent and 17 percent, respectively, by Aug. 19), according to NASS.
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