Iowa and Illinois led the declines in corn and soybean CCI ratings. To view this email as a web page,
click here | | Earlier this week when USDA’s weekly condition ratings were plugged into the weighted Pro Farmer Crop Condition Index, the corn CCI rating fell in 16 of the top 18 production states, led by a nearly 4-point drop in Illinois and just over a 3-point decline in Iowa. Illinois and Iowa also led the soybean CCI rating decline. CCI ratings are now 29.7 points (7.9%) below year-ago for corn and 26.1 points (7.1%) below for soybeans. On Wednesday we issued new sell advice for both cash marketers and hedgers - start a 1-month, $1 trial and we'll send you new advice updates over the next 30 days, sign up here.
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| Upcoming reports you won't want to miss: 6/26 - Crop Condition Index Ratings 6/28 - Cash Market & Basis Trends 6/29 - MarketWatch Price Outlooks & Forecasts 6/30 - USDA Report Reactions & Analysis |
What's Next For Crop Conditions?
Pro Farmer subscribers get weekly crop condition updates throughout the growing season, including historical comparisons allowing you to follow state-by-state changes as the crops advance (corn, soybeans, HRS wheat). Plus, we share crop comments from farmers to help pass along what actual conditions are across the country. When we feel market conditions merit action, we'll issue advice and recommendations by text message, so you're sure not to miss it.
| Pro Farmer Crop Condition Index for Corn | | | This Week | Last week | Year-ago | | Colorado (0.91%*) | 3.55 | 3.62 | 3.54 | | Illinois (15.33%) | 48.76 | 52.75 | 54.61 | | Indiana (6.95%) | 24.13 | 24.20 | 24.72 | | Iowa (17.02%) | 61.09 | 64.16 | 69.09 | | Kansas (4.72%) | 16.63 | 16.49 | 19.04 | | Kentucky (1.72%) | 6.13 | 6.34 | 6.97 | | Michigan (2.30%) | 6.97 | 7.29 | 7.87 | | Minnesota (9.98%) | 36.92 | 38.02 | 35.55 | | Missouri (3.75%) | 12.26 | 12.37 | 13.69 | | Nebraska (11.86%) | 41.39 | 42.94 | 46.05 | | North Carolina (0.79%) | 2.87 | 3.02 | 2.65 | | North Dakota (2.28%) | 8.21 | 8.73 | 9.14 | | Ohio (4.20%) | 15.13 | 15.05 | 13.47 | | Pennsylvania (0.99%) | 3.19 | 3.06 | 4.41 | | South Dakota (4.93%) | 16.37 | 17.56 | 18.27 | | Tennessee (0.94%) | 3.42 | 3.52 | 4.04 | | Texas (1.45%) | 5.57 | 5.78 | 5.19 | | Wisconsin (3.71%) | 12.50 | 13.77 | 13.77 | | Corn total | 346.48 | 360.91 | 376.20 |
| Pro Farmer Crop Condition Index for Soybeans | | | This Week | Last week | Year-ago | | Arkansas (3.58%*) | 13.79 | 13.25 | 13.78 | | Illinois (15.24%) | 48.48 | 52.29 | 54.89 | | Indiana (7.81%) | 27.25 | 27.09 | 28.87 | | Iowa (13.31%) | 46.98 | 49.64 | 52.34 | | Kansas (4.01%) | 14.58 | 14.26 | 17.07 | | Kentucky (2.34%) | 8.54 | 8.80 | 8.94 | | Louisiana (1.28%) | 4.93 | 5.10 | 4.69 | | Michigan (2.47%) | 7.13 | 7.47 | 8.61 | | Minnesota (8.45%) | 30.92 | 31.85 | 31.02 | | Mississippi (2.47%) | 9.49 | 9.54 | 9.12 | | Missouri (6.55%) | 21.49 | 21.36 | 23.71 | | Nebraska (7.17%) | 23.79 | 24.79 | 27.76 | | North Carolina (1.47%) | 5.38 | 5.49 | 4.99 | | North Dakota (4.43%) | 15.32 | 16.03 | 16.18 | | Ohio (6.41%) | 22.89 | 22.63 | 21.67 | | South Dakota (4.90%) | 16.50 | 17.53 | 17.93 | | Tennessee (1.81%) | 1.00 | 1.00 | 1.00 | | Wisconsin (2.57%) | 8.75 | 9.29 | 9.56 | | Soybean total | 339.93 | 350.55 | 366.04 |
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