U.S. corn and soybean planting moved closer to normal last week. Activity got off to a slow start in many areas this year due to cool, wet weather and while conditions still aren’t been ideal overall in parts of the region, a recent somewhat warmer, drier pattern has helped planting pick up steam.
The USDA says that as of Sunday, 72% of corn is planted, compared to the five-year average of 79%, and 39% of the crop has emerged, compared to 51% on average.