U.S. Soybean Crop Condition

This week was the 2nd week of soybean ratings and they fell dramatically. A 5% drop in the U.S. bean rating on a national average. That took the conditions from 67% to 62% G/E. The soybean rating, like corn, is below average for this time of year. The soybean rating will likely drop again next week, 2-4% and on chart it’ll show that the soybean crop will be rated well below average when we get to next Monday’s condition rating.