Skip to content
Back to Guavy Wire
Commodities

Heat Wave Hits Corn and Soybean Crops Hard

Instruments
Corn
Share

The latest crop progress report from the USDA shows a decline in corn and soybean quality ratings due to heat waves in the central US. The report, covering the week through July 26, reveals that 63% of the corn crop is now in good-to-excellent condition, down four points from last week.

Corn quality ratings have taken a hit, with only 12% of the crop rated poor or very poor, up three points from last week. Pennsylvania, Iowa, and Wisconsin lead the top 18 production states in terms of corn quality.

Soybean quality ratings also dropped, landing at 63% good-to-excellent condition through July 26, down three points from last week. Iowa, Minnesota, and Wisconsin have the highest rated soybean crops among the top 18 production states so far.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc