49% of U.S. corn, 30% of soybeans planted

U.S. corn and soybean planting gained some ground last week. However, the planting paces for both major crops remain slower than average following cool, wet weather in some key growing areas late last month and early this month.

The USDA says 49% of the U.S. corn crop is planted, compared to the five-year average of 67%, with 14% of the crop emerged, compared to 32% on average.

30% of soybeans are planted, compared to the normal pace of 39%, with 9% emerged, compared to 12% on average.

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