U.S. farmers made solid progress planting corn and soybeans last week. That was despite rain in some key growing areas, with more in the forecast for parts of the Midwest and Plains this week.
The USDA says 49% of U.S. corn is planted, compared to 26% a week ago and the five-year average of 42%, with 12% emerged, compared to 11% on average.
35% of soybeans are planted as of Sunday, compared to 19% last week and 21% on average, with 9% emerged, compared to 4% typically in early May.
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