(DTN) -- Corn silking and soybean blooming increased notably in the week ended July 10, remaining well above five-year averages, according to USDA's latest Crop Progress report released Monday
Corn silking was at 32%, compared to 15% last week, 23% last year and a 26% average. Corn condition improved slightly to 76% good to excellent, compared to 75% last week.
"USDA said that 76% of the corn crop was rated good to excellent, resulting in a 3-point increase in the DTN Corn Condition Index to 183," said DTN Analyst Todd Hultman. "DTN's index was up from 164 a year ago and is above the five-year average of 151. Monday's report is bearish for corn."
Forty percent of the nation's soybeans were blooming, compared to 22% last week, 33% last year and a 31% five-year average. Setting pods was reported for the first time this growing season at 7%, compared to 5% last year and a 5% five-year average. Soybean conditions improved slightly to 71% good to excellent, compared to 70% last week.
"USDA said that 71% of soybeans were rated good to excellent, resulting in a 5-point increase in the DTN Soybean Condition Index to 172," Hultman said. "DTN's index is up from 149 a year ago and is also above the five-year average of 146. Monday's report is bearish for soybeans."
Winter wheat was 66% harvested as of Sunday, compared to 58% last week, 62% last year and a 65% average. Winter wheat condition is no longer being reported. "Monday's report is neutral for winter wheat," Hultman said.
Spring wheat was 91% headed, compared to 74% last week, 87% last year and a 64% average. Spring wheat condition decreased to 70% good to excellent, compared to 72% last week.
"Seventy percent of spring wheat was rated good to excellent, resulting in a 5-point drop in the DTN Spring Wheat Condition Index to 164," Hultman said. "DTN's index is down from 173 a year ago and is below the five-year average of 171. Monday's report is bullish for spring wheat."