Corn & Soybean Drought Update – 6/10/21
According to the USDA, the percentage of corn and soybean located within an area experiencing a drought each remained at record high seasonal levels as of Jun 8th. Figures have been compiled since July of 2011.
U.S. Drought Monitor:
The U.S. Drought Monitor showed 45% of the continental U.S. being in a moderate to exceptional drought state as of Jun 8th, up one percent from the previous week and reaching a record high seasonal level. U.S. Drought Monitor figures have been compiled since the beginning of 2000.
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Corn:
Approximately 35% of corn production was within an area experiencing a drought as of Jun 8th, up 11% from the previous week and reaching a four month high level.
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The percentage of U.S. corn located in a drought state remained at a record high seasonal level for the second consecutive week, finishing significantly above the five year average seasonal level of just four percent. U.S. corn located in a drought state figures have been compiled since July of 2011.
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Soybeans:
Approximately 31% of soybean production was within an area experiencing a drought as of Jun 8th, up eight percent from the previous week and reaching a five month high level.
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The percentage of U.S. soybeans located in a drought state remained at a record high seasonal level for the third consecutive week, finishing significantly above the five year average seasonal level of just four percent. U.S. soybeans located in a drought state figures have been compiled since July of 2011.
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