The big three crops saw their prices crumble: July corn down 23-6; soybeans down 49-0 and wheat down 70-0.
From AgWeb:
Corn and Soybean Planting Progress Hit Average Pace
After a historically slow start, corn and soybean planting progress have both reached average paces.
As of May 29, U.S. corn planting sits at 86% complete, according to USDA. That’s up from 72% planted a week ago and in line with the five-year average of 87% planted by late May.
Now only four states are behind average in terms of corn planting pace. Those include:
- North Dakota: 27%
- Minnesota: 10% behind
- Pennsylvania: 10% behind
- Colorado: 2% behind
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