It was a big week for corn plantings. According to data released today by USDA, as of May 11, a total of 59% of corn acreage has been planted, which surpassed the 5-year average of 58% for this date. It also more than doubled the acreage planted just a week earlier, which stood at 29%. Last year on May 11, only 26% of U.S. corn acreage was in the ground.
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