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Crop Ratings, Topsoil Moisture 7/25/22

Corn: the market was expecting the corn to be rated 63% good or excellent; it was rated 61% as 3% of the corn crop went from good & excellent straight to the poor & very poor categories; that is a lot of bushels!

Soybeans: Market expected the bean crop to be 60% good or excellent; actual rating was 59% in the top two categories with 1% added to the poor rating

Spring wheat: expected to have 71% in the top two ratings; it was 68% with 2% added to the poor category.

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