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55% of U.S. corn, 54% of soybeans good to excellent

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U.S. corn and soybean condition ratings declined over the past week. That followed another round of generally hot and dry weather in some key U.S. growing areas.

The USDA says 55% of U.S. corn is in good to excellent shape as of Sunday, down 6% on the week, with 96% of the crop emerged, compared to the five-year average of 94%.

54% of the U.S. soybean crop is called good to excellent, a decrease of 5%, with 92% of beans emerged, compared to 81% on average.

55% of U.S. corn, 54% of soybeans good to excellent