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USDA NASS: 65% of NE Corn at Silking, Well Ahead of Normal

Corn condition rated 1% very poor, 2% poor, 11% fair, 61% good, and 25% excellent, according to the USDA National Agricultural Statistics Service July 16 report for Nebraska Crop Progress and Condition. Corn silking was 65%, well ahead of 42% last year and 38% for the five-year average. Dough was 4%, near the average of 1% average.
 
Soybean condition rated 1% very poor, 3% poor, 13% fair, 63% good, and 20% excellent. Soybeans blooming was 65%, near 64% last year, and ahead of the average of 53%. Setting pods was 16%, ahead of 9% both last year and average.
 
Winter wheat condition rated 5% very poor, 7% poor, 24% fair, 47% good, and 17% excellent. Winter wheat harvested was 62%, behind 79% last year, but ahead of 51% average.
 
Sorghum condition rated 0% very poor, 2% poor, 16% fair, 65% good, and 17% excellent. Sorghum headed was 23%, ahead of 5% last year and 7% average.
 
Oats condition rated 1% very poor, 3% poor, 36% fair, 53% good, and 7% excellent. Oats harvested was 52%, ahead of 44% last year, and well ahead of 32% average.
 
Pasture and range conditions rated 2% very poor, 6% poor, 19% fair, 59% good, and 14% excellent.
 

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Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.