U.S. Corn Harvest Accelerates After Drought; Soy Ratings Decline
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The U.S. corn harvest is proceeding at the fastest pace ever after farmers planted early and the worst drought in generations accelerated crop maturity, the government said. Soybean conditions fell.
About 6 percent of the corn was harvested as of yesterday, compared with 4 percent a week earlier and none a year ago, the U.S. Department of Agriculture said today in a report. About 26 percent of the crop was rated mature, up from a revised 16 percent a week earlier, increasing the risks wind and rain will knock ears off stalks or blow plants over.