Core Insights - The latest USDA weekly crop progress report indicates that as of the week ending August 31, the good-to-excellent rating for U.S. corn stands at 69%, consistent with market expectations, down from 71% the previous week, and up from 65% the same time last year [1] - As of the same week, the maturity rate for U.S. corn is reported at 15%, an increase from 7% the previous week, but slightly below the 18% recorded at the same time last year and in line with the five-year average of 14% [1] Summary by Category - **Crop Quality** - U.S. corn good-to-excellent rating is 69%, unchanged from market expectations, down from 71% the previous week, and up from 65% year-on-year [1] - **Crop Maturity** - U.S. corn maturity rate is 15%, up from 7% the previous week, down from 18% year-on-year, and in line with the five-year average of 14% [1]