# USDA Crop Progress Report: Corn, Soy Conditions Fall in Week Ended Sept. 3

> USDA's weekly Crop Progress report showed the share of corn rated good to excellent fell to 53% as of Sept. 3, down from 56% a week earlier. Soybean ratings also fell to 53% from 58%, with Kansas and Illinois posting steep declines. Heat across the Corn Belt is increasingly affecting crop condition.

- Date: 2023-09-05 · published 2023-09-05T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13248-usda-crop-progress-report-corn-soy-conditions-fall-in-week-ended-sept-3
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Falling crop ratings signal yield risk, supporting corn and soybean prices as markets weigh the potential size of the crop.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-17 | [USDA crop progress: Corn and soybean condition drops again](https://feedsoft.ai/events/63867-usda-crop-progress-corn-and-soybean-condition-drops-again.md) | -0.7% | -0.1% |
| CORN | 2025-04-10 | [USDA Report Reaction \| USDA cuts corn ending stocks - Pro Farmer](https://feedsoft.ai/events/25070-usda-report-reaction-usda-cuts-corn-ending-stocks-pro-farmer.md) | +3.1% | -3.3% |
| CORN | 2025-02-11 | [USDA trims South American corn, soybean estimates \| Crop Conditions \| farmweeknow.com](https://feedsoft.ai/events/25994-usda-trims-south-american-corn-soybean-estimates-crop-conditions-farmweeknow-com.md) | +1.4% | -5.7% |
| CORN | 2017-07-11 | [USDA: Corn drops 3 points to 65% g/e, soybeans down 2 to 62% \| Farm Progress](https://feedsoft.ai/events/69805-usda-corn-drops-3-points-to-65-g-e-soybeans-down-2-to-62-farm-progress.md) | -4.3% | -4.6% |
| CORN | 2025-05-12 | [Report Snapshot \| Corn, soybean ending stocks well below expectations - Pro Farmer](https://feedsoft.ai/events/24605-report-snapshot-corn-soybean-ending-stocks-well-below-expectations-pro-farmer.md) | +0.0% | +1.9% |
| SOY | 2018-07-17 | [USDA crop progress: Corn and soybean condition drops again](https://feedsoft.ai/events/63867-usda-crop-progress-corn-and-soybean-condition-drops-again.md) | +2.2% | +2.9% |
| SOY | 2019-08-12 | [Corn futures fall 6% after bearish USDA crop report; soybeans down 1.3%](https://feedsoft.ai/events/11736-corn-futures-fall-6-after-bearish-usda-crop-report-soybeans-down-1-3.md) | -0.7% | -3.3% |
| SOY | 2025-04-10 | [USDA Report Reaction \| USDA cuts corn ending stocks - Pro Farmer](https://feedsoft.ai/events/25070-usda-report-reaction-usda-cuts-corn-ending-stocks-pro-farmer.md) | +2.6% | +2.4% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2023/09/05/usda-crop-progress-report-corn-soy-3

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.