Usda weekly crop progress improving conditions seen as slightly bearish for corn.

Corn planting and emergence were both slightly behind the five-year average while the overall condition of the crop improved from the previous week. 96% of U.S. corn planted, down from 97% a year ago and down from the five-year average of 97%. USDA also said 86% of U.S. corn was emerged, down from 88% a year ago and down slightly from the five-year average of 87% emerged. Sixty-eight percent of the corn crop was rated in good-to-excellent condition, up 3 percentage points from the previous week’s 65% good-to-excellent rating.