Weekly Crop Report June 22, 2023 – Drought has Become a Problem for Certain Crops.
This article is based primarily on the June 21, 2023, USDA Crop Bulletin which covers the June 12 to June 18 period of time. The USDA report usually becomes available on Tuesdays but due to a Federal Holiday, it was issued on Wednesday.
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.
We also include the recent report on potato inventories. I vary these reports to give readers information on different crops.
The article includes a short international review of agricultural conditions.
We begin with the National Agriculture Summary. The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.
