Insight - Avoid potential misread on US planting pace

Good progress: A farmer works in a corn field in Colorado. Some US states are doing better than others, and many have caught up to near-normal levels on corn and soybean planting over the last two weeks. — AP

US corn planting is running at the second-slowest pace in more than a quarter-century and spring wheat planting is the slowest on record, and the full acreage potential has rightfully come into question.

Excessively wet and cool weather has plagued the northern US Plains this spring, putting farmers in North Dakota, northern Minnesota and parts of South Dakota far behind schedule.