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May 14, 2013

It’s corn planting season: let the rollercoaster begin

It happens every year. It’s too dry. It’s too wet. It’s too early. It’s too late. After last year’s unusually early planting season due to warm, dry conditions, this spring’s cool, rainy weather across the Midwest has delayed plantings significantly.

USDA reported Monday that by May 5 farmers had planted just 12 percent on the U.S. corn crop. That is the second smallest percentage planted at this time of year in the last 34 years and the lowest since 1984. The impact on this year’s corn crop, however, is debatable. Read More

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