Heat Wave Wilts Corn as Supply Drops Most Since ’96

Heat Wave Wilts Corn as Supply Drops Most Since ’96

Daniel Acker/Bloomberg

About 71 percent of the Midwest had abnormally dry soil to extreme drought on June 19, the worst in more than a decade and up from 1 percent a year earlier, according to the University of Nebraska at Lincoln. Crop conditions on June 24 were the worst for that time of year since 1988, with 56 percent rated good or excellent, down from 77 percent on May 18, USDA data show.