USDA's crop progress report for the week ended August 22 reported 41% of corn dented, in line with the 41% reported dented in the same week last year. The 5-year average for corn dented in this week was 38%.
Yesterday, USDA reported that the condition of the U.S. corn crop continues to deteriorate. This is the fourth or the last five weeks that the ag agency has said that the condition of the crop has worsened compared with the previous week and previous year.
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