U.S. Corn Harvest Accelerates Before Rain; Soy Ratings Unchanged
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U.S. farmers were able to accelerate the corn harvest last week ahead of heavy rains from the remnants of Hurricane Isaac, which may have arrived too late to help the drought-damaged crop. Soybean conditions were unchanged.
About 10 percent of the corn was harvested as of Sept. 2, compared with 6 percent a week earlier, the U.S. Department of Agriculture said today in a report. About 41 percent of the crop was rated mature, up from 26 percent a week earlier and the prior five-year average of 16 percent. Parts of the Midwest received as much as 6 inches of rain the past four days, according to World Weather Inc.