Corn & Soybean Drought Update – 5/5/22
According to the USDA, the percentage of corn and soybeans located within an area experiencing a drought declined to 13 and 14 week low levels, respectively, throughout the week ending May 3rd.
U.S. Drought Monitor:
The U.S. Drought Monitor showed 54% of the continental U.S. being in a moderate-to-exceptional drought state as of May 3rd, down less than one percent from the previous week and reaching a 22 week low level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-233.png)
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-234.png)
The percentage of the U.S. in a moderate-to-exceptional drought state remained at a record high seasonal level for the 12th consecutive week, however. U.S. Drought Monitor figures have been compiled since 2000.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-235.png)
Corn:
Approximately 23% of corn production was within an area experiencing a drought as of May 3rd, unchanged from the previous week and reaching a 13 week low level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-236.png)
The percentage of U.S. corn located in a drought state finished below the previous year seasonal level of 26% but remained above the five year average seasonal level of just seven percent. U.S. corn located in a drought state remained significantly below the 2013 record high seasonal level of 40%. Percentage of U.S. corn located in a drought state figures have been compiled since mid-2011.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-237.png)
It is estimated that 29% of state-level corn acres had short-to-very short subsoil moisture as of the week ending May 1st, down three percent from the previous week and reaching a five week low level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-238.png)
The percentage of U.S. corn with short-to-very short subsoil moisture finished below previous year level of 34% during the week ending May 1st while remaining below the 2013 record high seasonal level of 49%.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-239.png)
Soybeans:
Approximately 14% of soybean production was within an area experiencing a drought as of May 3rd, down one percent from the previous week and reaching a 14 week low level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-240.png)
The percentage of U.S. soybeans located in a drought state finished below the previous year seasonal level of 22% but remained above the five year average seasonal level of just six percent. U.S. soybeans located in a drought state remained significantly below the 2013 record high seasonal level of 28%. Percentage of U.S. soybeans located in a drought state figures have been compiled since mid-2011.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-241.png)
It is estimated that 22% of state-level soybean acres had short-to-very short subsoil moisture as of the week ending May 1st, down two percent from the previous week and reaching a one and a half year low level.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-242.png)
The percentage of U.S. soybeans with short-to-very short subsoil moisture finished below the previous year level of 30% during the week ending May 1st while remaining below the 2013 record high seasonal level of 40%.
![](http://www.attenbablercommodities.com/wp-content/uploads/2022/05/word-image-243.png)