Most of the nation’s crops suffered under the extreme heat last week and this week’s USDA crop report reflected the situation.
Across the 18 states growing the majority of the corn 62 percent of the crop is listed as good-to- excellent. This is four percentage points lower than last week and ten percentage points lower than last year.
Soybeans appear to have been “feeling the heat” as well. 62 percent of the crop is listed as good-to-excellent. The number is a 2 percentage point drop over last week but is on pace with the 2010 growing season.
Harvest of winter wheat is nearly completed with 75 percent of the crop in the bin. Despite the high tempo the work is 5 percentage points behind the five-year average of 80 percent.
The cotton crop is in need of rain as well with 41 percent of the plants in either poor or very-poor condition. The Oklahoma and Texas crops are showing the most stress. In Oklahoma, 79 percent of the crop is either poor or very-poor with Texas close behind at 59 percent.
According to officials in the Lone Star State, if the dry conditions persist, agricultural losses could reach the 8 billion dollar mark.