Markets Extra

US corn condition ratings, July 19

Markets Extra21 Jul 2020by Markets Extra

Agrimoney shows the weekly USDA US corn condition ratings as of Sunday.

The figure compared with the 68% reading that investors had expected, according to a Reuters poll.

US corn condition, July 19
	Rating	Change on week
Colorado	41%	-2
Illinois	63%	+2
Indiana	59%	0
Iowa	80%	-3
Kansas	54%	+1
Kentucky	86%	+2
Michigan	53%	+2
Minnesota	83%	-2
Missouri	72%	+1
Nebraska	66%	-4
North Carolina	57%	-17
North Dakota	69%	-1
Ohio	43%	-4
Pennsylvania	56%	-15
South Dakota	84%	+2
Tennessee	74%	+1
Texas	52%	+3
Wisconsin	81%	0
National rating	69%	0
Ratings show percentage of crop rated "good" or "excellent". Change on week in percentage points

The likes of corn and wheat trade lower in closing deals of a positive week. But the vegetable oil complex, and canola, stay strong

There has been some movement at last in the new soybeans-versus-corn price ratio, seen as an influence on sowing area. Cotton stakes its claim too

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