# Corn Ratings and Final Yields

> USDA's weekly rating showed only 55% of corn good or excellent, down 6 points, and soybeans fell to 54% good or excellent. The decline was sharper than the trade expected and the condition index is the lowest since at least 1990.

- Date: 2023-06-23 · published 2023-06-23T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13273-corn-ratings-and-final-yields
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ratings this poor signal falling yield and production projections, which supports corn and soybean prices. The weak condition ratings also point to tighter feed grain supplies ahead.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-31 | [Greatest Unknowns: Corn Final Yields & Exports](https://feedsoft.ai/events/64050-greatest-unknowns-corn-final-yields-and-exports.md) | +8.8% | -2.8% |
| CORN | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -1.1% | -1.5% |
| CORN | 2021-08-12 | [Surprisingly low corn yields spark rally](https://feedsoft.ai/events/45499-surprisingly-low-corn-yields-spark-rally.md) | +0.7% | -7.7% |
| CORN | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -1.6% | -2.3% |
| CORN | 2022-06-22 | [Feedback from the Field: Heat takes a bite out of corn ratings](https://feedsoft.ai/events/13355-feedback-from-the-field-heat-takes-a-bite-out-of-corn-ratings.md) | +1.4% | -9.8% |
| SOY | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -2.7% | -8.2% |
| SOY | 2021-08-12 | [Surprisingly low corn yields spark rally](https://feedsoft.ai/events/45499-surprisingly-low-corn-yields-spark-rally.md) | -3.4% | -10.4% |
| SOY | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -5.3% | -4.4% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2023/06/23/corn-ratings-final-yields

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