Soybean Crop Ratings Fall by Most in a Decade After US Heat Wave
A soybeans harvest in Waynesfield, Ohio, in October 2022.
Photographer: Matthew Hatcher/BloombergThis article is for subscribers only.
Scorching temperatures have taken a toll on America’s soybeans, with crop condition ratings dropping by the most since 2012, according to US Department of Agriculture data Monday.
USDA rated the US soybean crop at 53% good or excellent as of Sunday, down by five percentage points from a week earlier. Analysts surveyed by Bloomberg expected a decline of only two points.