NEWS
Fundamentally Speaking
Joel Karlin DTN Contributing Analyst
Fri Aug 29, 2014 07:13 AM CDT

The latest weekly crop condition report showed the percent of corn in the good to excellent condition rising by 1% to 73%.

Furthermore, using our usual ratings system where we weight the crop based on the percent in each category and assign that category a factor of 2 for very poor, 4 for poor, 6 for fair, 8 for good, and 10 for excellent and then sum the results, U.S. crop conditions as of 8/24/2014 come in at 770.

Assuming crop conditions stay at least steady the last week of August which seems reasonable given excellent rainfall and continued moderate ...

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