According to the USDA, the percentage of corn located within an area experiencing a drought remained at an eight year high seasonal level as of May 25^th, while the percentage of soybeans located within a drought state reached the highest seasonal level on record.

U.S. Drought Monitor:

The U.S. Drought Monitor showed 43% of the continental U.S. being in a moderate to exceptional drought state as of May 25^th, down one percent from the previous week but remaining at an eight year high seasonal level.

Corn:

Approximately 24% of corn production was within an area experiencing a drought as of May 25^th, unchanged from the previous week. The percentage of U.S. corn located in a drought state reached a two month high level of 26% throughout the first week of May, prior to finishing slightly lower throughout the most recent three weeks of available data.

The percentage of U.S. corn located in a drought state remained at an eight year high seasonal level, finishing significantly above the five year average seasonal level of just two percent. The current percentage of U.S. corn located in a drought state finished above the seasonal level experienced throughout the 2011-2012 drought but remained below 2012-2013 seasonal levels.

Soybeans:

Approximately 23% of soybean production was within an area experiencing a drought as of May 25^th, up one percent from the previous week and reaching an 11 week high level.

The percentage of U.S. soybeans located in a drought state reached the highest seasonal level on record, finishing significantly above the five year average seasonal level of just two percent. U.S. soybeans located in a drought state figures have been compiled since July of 2011.