Corn Crop in US Deteriorates by Most Since 2020 Amid Dry Weather
This article is for subscribers only.
The US corn crop deteriorated by the most in almost three years as a lack of rain hit yield potentials in the world’s top producer of the grain.
Just 64% of the nation’s corn crop was rated good-to-excellent in the US Department of Agriculture’s weekly report, a 5 percentage-point decline that was the biggest since August 2020 and more than double the drop forecast in a Bloomberg survey of analysts.