Corn & Soybean Drought Update – 6/3/21
According to the USDA, the percentage of corn and soybean located within an area experiencing a drought each reached record high seasonal levels as of Jun 1st. Figures have been compiled since July of 2011.
U.S. Drought Monitor:
The U.S. Drought Monitor showed 44% of the continental U.S. being in a moderate to exceptional drought state as of Jun 1st, up less than one percent from the previous week and remaining at an eight year high seasonal level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/06/word-image-110.png)
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/06/word-image-111.png)
Corn:
Approximately 24% of corn production was within an area experiencing a drought as of Jun 1st, unchanged from the previous week. The percentage of U.S. corn located in a drought state reached a two month high level of 26% throughout the first week of May, prior to finishing slightly lower throughout the most recent four weeks of available data.
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/06/word-image-112.png)
The percentage of U.S. corn located in a drought state reached a record high seasonal level, finishing significantly above the five year average seasonal level of just three percent. U.S. corn located in a drought state figures have been compiled since July of 2011.
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/06/word-image-113.png)
Soybeans:
Approximately 23% of soybean production was within an area experiencing a drought as of Jun 1st, unchanged from the previous week and remaining at a 12 week high level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/06/word-image-114.png)
The percentage of U.S. soybeans located in a drought state remained at a record high seasonal level for the second consecutive week, finishing significantly above the five year average seasonal level of just three percent. U.S. soybeans located in a drought state figures have been compiled since July of 2011.
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/06/word-image-115.png)