Soybeans were modestly higher on short covering and technical buying. There’s widespread rain in the forecast for most of the region, delaying planting but boosting soil moisture. The USDA says 66% of U.S. soybeans are planted, compared to the five-year average of 53%, with 34% emerged, compared to 23% on average. The Philippines bought 145,000…… Continue Reading
Corn and soybean planting is running a week and-a-half fast than normal in Minnesota. USDA’s latest weekly crop progress report shows corn at 92 percent planted, compared to the five-year average of 77 percent. Soybeans are 81 percent planted, 10 days ahead of the usual pace. Corn emergence, at 58 percent, is nearly a week…… Continue Reading