Kansas, Texas drought conditions worsen

( )

The area of winter wheat in drought conditions increased four percentage points from 65% to 69%, according to this week’s U.S. Drought Monitor. USDA said 29% of the winter area is in moderate drought, 22% in severe drought, 16% in extreme drought and 2% in exceptional drought.  In the previous week, USDA reported 24% of the winter wheat area is in moderate drought, 22% in severe drought, 17% in extreme drought and 2% in exceptional drought.

Most of the drier conditions came in the HRW area. Kansas had a six percentage point increase with the amount of land considered abnormally dry/drought, up to 81%. Texas reported 97% of its area is abnormally dry/drought conditions, up four percentage points from the previous week. South Dakota had a one percentage point improvement to 78% of its area is considered abnormally dry/drought. The amount of area considered abnormally dry/drought in Oklahoma, Colorado, Montana and Nebraska is unchanged from the previous week.

The SRW area reported some improvement. Arkansas had an 18 percentage point improvement, with 43% of its area reported abnormally dry/drought. North Carolina had 93% of its area considered abnormally dry/drought, down four percentage points. Illinois had a two percentage point increase to its area considered abnormally dry/drought to 14%. Missouri has 37% of its area abnormally dry/drought, a  one percentage point improvement.



Latest News

First Thing Today | September 27, 2022

Corrective buying was seen in the grain and soy complex overnight as the U.S. dollar pulled back and crude oil firmed.

Extended decline in corn, bean CCI ratings continues

CCI ratings have dropped 11 consecutive weeks for corn and eight straight for soybeans.

After the Bell | September 26, 2022

Corn futures drop near four-week low, soybeans near three-week low as surging dollar, recession worries pressure commodities.

Corn, soybean export inspections sluggish

Weekly grain inspected for export through Sept. 22, proved dismal as corn and soybean inspections were reported below expectations, while wheat inspections were notably lower for the week but within the expected range.

Monday Morning Wake Up Call | September 26, 2022

Grain and soy futures traded lower overnight on global economic concerns although soybeans recovered slightly on the open. Cattle futures are mildly higher with lean hogs under pressure to start the week.

Ahead of the Open | September 26, 2022

Soybean futures drop to two-week lows, corn and wheat also lower on intensifying recession worries.