NASS released the first national soybean condition score report of the season on Monday.  The national crop is rated 66% good-excellent which was near expectations but well below last year’s rating of 74% good-excellent at this time.

Corn conditions slipped to 67% good-excellent vs. 68% last week and 75% last year.  In particular, the trade is paying close attention to key states where there is a large amount of poor to very poor rated corn.  This is prevalent in east central corn belt states and the northern plains states.

Read the complete NASS report here

Graphics courtesy of Advance Trading, Inc