According to the USDA, the percentage of corn and soybean located within an area experiencing a drought each reached record high seasonal levels as of Jun 1^st. Figures have been compiled since July of 2011.

U.S. Drought Monitor:

The U.S. Drought Monitor showed 44% of the continental U.S. being in a moderate to exceptional drought state as of Jun 1^st, up less than one percent from the previous week and remaining at an eight year high seasonal level.

Corn:

Approximately 24% of corn production was within an area experiencing a drought as of Jun 1^st, unchanged from the previous week. The percentage of U.S. corn located in a drought state reached a two month high level of 26% throughout the first week of May, prior to finishing slightly lower throughout the most recent four weeks of available data.

The percentage of U.S. corn located in a drought state reached a record high seasonal level, finishing significantly above the five year average seasonal level of just three percent. U.S. corn located in a drought state figures have been compiled since July of 2011.

Soybeans:

Approximately 23% of soybean production was within an area experiencing a drought as of Jun 1^st, unchanged from the previous week and remaining at a 12 week high level.

The percentage of U.S. soybeans located in a drought state remained at a record high seasonal level for the second consecutive week, finishing significantly above the five year average seasonal level of just three percent. U.S. soybeans located in a drought state figures have been compiled since July of 2011.