In a word: Slow.
CORN-For the 18 states that planted 91% of last year's crop, 2008 10% vs. '03-'07 average 35%.
RICE- For the 6 states that planted 100% of last year's crop, 2008 20% emerged vs. '03-07 average 32%.
SOYBEANS- For the 18 states that planted 95% of last years crop, 2008 2% vs '03-07 average 5%.
Winter WHEAT: 15% had headed vs. 25% trailing average.
The corn traders were looking for 16-18%. Hmmm
Here's the 6 page PDF, released 4:00 EDT.
