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

Investors had expected a 70% 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
Colorado 49
Illinois 65
Indiana 61
Iowa 82
Kansas 64
Kentucky 70
Michigan 68
Minnesota 76
Missouri 65
Nebraska 58
North Carolina 65
North Dakota 62
Ohio 46
Pennsylvania 74
South Dakota 61
Tennessee 67
Texas 47
Wisconsin 79
18 states 67
Source: USDA. Condition data in percent. Change on week data in percentage points.