USDA周度大豆玉米生长报告-20250715

Report Summary 1. Report Industry Investment Rating - Not provided in the report 2. Core Viewpoint - As of the week ending July 13, the good-to-excellent rate of US soybeans was 70%, higher than the market expectation of 67%, and the previous week was 66%, and the same period last year was 68%. The flowering rate was 32%, and the pod-setting rate was 15%. The good-to-excellent rate of US soybeans increased significantly. The good-to-excellent rate of US corn was 74%, in line with market expectations, 73% the previous week, and 68% the same period last year. The silking rate was 18%, and the dough stage rate was 7%. US corn continued to grow well. In the next two weeks, generally, the rainfall in the US soybean/corn producing areas will be higher than normal, and the temperature will be slightly lower than normal, which is conducive to crop growth. It has entered the weather trading time window, and there is still some room for future price increases, but the US weather has not changed severely for the time being, and the good-to-excellent rates of US soybeans and corn are at relatively high levels, so investors need to continue to observe and wait [1] 3. Summary by Relevant Catalog - Soybean Growth Indicators: The good-to-excellent rate was 70% (expected 67%, previous week 66%, last year 68%); the flowering rate was 32%; the pod-setting rate was 15%. The sowing rate was 97%, the emergence rate was 96% [1] - Corn Growth Indicators: The good-to-excellent rate was 74% (in line with expectations, previous week 73%, last year 68%); the silking rate was 18%; the dough stage rate was 7%. The sowing rate was 98%, the emergence rate was 98% [1] - Weather Impact: In the next two weeks, the rainfall in the US soybean and corn producing areas will be higher than normal, and the temperature will be slightly lower than normal, which is beneficial for crop growth [1]