Below the proportion of US soybeans rated in “good” or “excellent” condition, as per the USDA’s weekly assessment.

Investors had expected a 65% figure, according to a Reuters poll.

This was the first reading of the season

State Percent of crop rated good or excellent
 Change on last reading
Arkansas 59 n/a
Illinois 51 n/a
Indiana 62 n/a
Iowa 70 n/a
Kansas 57 n/a
Kentucky 78 n/a
Louisiana 91 n/a
Michigan 40 n/a
Minnesota 79 n/a
Mississippi 77 n/a
Missouri 48 n/a
Nebraska 58 n/a
North Carolina 69 n/a
North Dakota 69 n/a
Ohio 65 n/a
South Dakota 60 n/a
Tennessee 72 n/a
Wisconsin 69 n/a
18 states 62 n/a
Source: USDA. Condition data in percent. Change on week data in percentage points.