Weekly Crop Report June 29, 2023
This article is based primarily on the June 27, 2023, USDA Crop Bulletin which covers the June 19 to June 25 period of time. The USDA report usually becomes available on Tuesdays but due to a personal problem, I was not able to publish it until Wednesday night.
It now seems more like an average crop. Both corn and soybeans had a very good start but the quality of the crop has been somewhat compromised by drought. Soybeans are doing a bit better than corn. The condition report is a bit worse this week. The weather was not that bad but key crops did not recover from a long period of inadequate precipitation.
We also include the recent report on cattle on feed. I vary these reports to give readers information on different crops.
The article includes a short international review of agricultural conditions.