# 2022 U.S. Corn Rating Declines 3%, Soybeans Decline 3% 29.06.2022 - UkrAgroConsult

> USDA data showed US corn condition fell 3 points to 67% good/excellent, and soybean condition fell 3 points to 65% good/excellent. Declines were attributed to hot, dry Midwest weather, and 19% of corn was in drought.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13354-2022-u-s-corn-rating-declines-3-soybeans-decline-3-29-06-2022-ukragroconsult
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Falling crop ratings signal lower expected yields, which supports higher corn and soybean meal prices for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-08-22 | [Soybean Export Sales Surge on Chinese Buying 22.08.2022 - UkrAgroConsult](https://feedsoft.ai/events/14909-soybean-export-sales-surge-on-chinese-buying-22-08-2022-ukragroconsult.md) | -0.4% | -0.5% |
| CORN | 2022-01-11 | [South America’s Soy and Corn Crops at Risk of Production Declines, Gro Models Show 11.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/43040-south-america-s-soy-and-corn-crops-at-risk-of-production-declines-gro-models.md) | -2.8% | +4.1% |
| CORN | 2020-11-10 | [USDA reduces 2020 corn, soybean projections](https://feedsoft.ai/events/12427-usda-reduces-2020-corn-soybean-projections.md) | +9.7% | +8.7% |
| CORN | 2025-04-10 | [US Corn and Soybean Ending Stocks Decrease in 2024/2025](https://feedsoft.ai/events/25067-us-corn-and-soybean-ending-stocks-decrease-in-2024-2025.md) | +3.1% | -3.3% |
| CORN | 2025-01-13 | [WASDE Shows Decrease in US Corn and Soybeans Ending Stocks in 2024/2025](https://feedsoft.ai/events/26454-wasde-shows-decrease-in-us-corn-and-soybeans-ending-stocks-in-2024-2025.md) | +1.7% | +1.8% |
| SOY | 2022-08-22 | [Soybean Export Sales Surge on Chinese Buying 22.08.2022 - UkrAgroConsult](https://feedsoft.ai/events/14909-soybean-export-sales-surge-on-chinese-buying-22-08-2022-ukragroconsult.md) | +7.8% | -1.8% |
| SOY | 2022-04-20 | [US soybean crush hit a record high for March: NOPA 20.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/41923-us-soybean-crush-hit-a-record-high-for-march-nopa-20-04-2022-ukragroconsult.md) | -0.7% | -2.2% |
| SOY | 2022-01-13 | [Wheat Drops With U.S. Forecasting Bigger Global Reserves 13.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/43104-wheat-drops-with-u-s-forecasting-bigger-global-reserves-13-01-2022.md) | +2.5% | +13.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/2022-u-s-corn-rating-declines-3-soybeans-decline-3/

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