7% of U.S. corn, 3% of soybeans planted

Cool, wet weather in some key U.S. growing areas continues to impact corn and soybean planting.

The USDA says 7% of U.S. corn is planted as of Sunday, compared to the five-year average of 15%, and 2% has emerged, compared to 3% on average.

3% of soybeans are planted, compared to 5% normally in late April.

27% of U.S. winter wheat is in good to excellent condition, 3% lower than last week largely due to drought conditions in parts of the Plains, with 11% of the crop headed, compared to the usual rate of 19%.

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