U.S. corn and soybean planting lagged again last week. That was due to more wet, cooler than normal weather in some key growing areas, but forecasts for most of the Midwest this week have warmer, drier conditions, which should help planting pick up steam.
The USDA says 22% of U.S. corn had been planted as of Sunday, compared to the five-year average of 50%, with 5% emerged, compared to 15% on average.
12% of soybeans are planted, compared to 24% normally in early May, with 3% emerged, compared to 4% on average.
