According to the USDA’s Crop Progress report, corn conditions have finally stopped slipping. Currently 73 percent corn is rated in good or excellent condition – an improvement of 1 percentage point from last week and 6 percentage points from last year.

Conditions have fallen slowly since July; however, the percentage of corn in these conditions has yet to fall below 70 percent:

 U.S. sees best corn crop since 1994

Looking at historical data, the 2014 corn crop is now the best seen since 1994:

Figure 2: Historical crop progress data

Date Released

Very Poor

Poor

Fair

Good

Excellent

Aug. 25, 2014

2

5

20

52

21

Aug. 26, 2013

4

10

27

44

15

Aug. 27, 2012

26

26

26

109

3

Aug. 29, 2011

7

12

27

42

12

Aug. 23, 2010

3

7

20

47

23

Aug. 24, 2009

3

6

21

50

20

Aug. 25, 2008

4

8

24

48

16

Aug. 27, 2007

6

10

25

43

16

Aug. 28, 2006

7

11

25

41

16

Aug. 29, 2005

8

14

26

39

13

Aug. 23, 2004

2

7

20

48

23

Aug. 25, 2003

8

13

29

39

11

Aug. 26, 2002

13

16

29

33

9

Aug. 27, 2001

4

11

30

43

12

Aug. 28, 2000

4

7

22

45

22

Aug. 23, 1999

4

10

28

43

15

Aug. 24, 1998

3

7

22

48

20

Aug. 25, 1997

2

8

27

48

15

Aug. 26, 1996

3

9

26

47

15

Aug. 28, 1995

2

7

28

50

13

Aug. 29, 1994

1

5

20

55

19

Slightly more than one-third of the corn has dented as of Aug. 24, 2014. While this is more than 10 percentage points above last year’s progress, it is also behind the five-year average of 43 percent. Next week’s Crop Progress report should begin to report maturity progress as well.

Soybeans: Conditions take a hit
While this week’s Crop Progress report showed a slight increase in corn conditions, soybean conditions tumbled instead. This week 70 percent of soybeans are in good or excellent condition, compared to 72 percent reported last week.

Ninety-percent of soybeans have set pods, on-par with the five-year average of 89 percent and above last year’s report of 82 percent.

Click here to read the full Crop Progress report.