USDA drought report: U.S. soybean drought areas rose from last week

Gold Ten Futures, August 29th, USDA's latest drought report shows that about 12% of U.S. soybean growing areas were affected by drought in the week ended August 27, compared with 8% in the previous week and 40% in the same period last year. About 8% of U.S. corn growing areas were affected by drought, compared with 7% in the previous week and 45% in the same period last year. About 43% of U.S. cotton growing areas were affected by drought, compared with 30% in the previous week and 37% in the same period last year. < br > < img src = "https://flash-scdn.jin10.com/96ba82e9-bb18-47cf-a239-03542c3fcf01.png" referrerpolicy = "no-referrer" >