Corn losses in rainy spring will be “similar to a severe drought” in scope
Heading into the final week of May, U.S. farmers have planted only 46 percent of the corn and soybean acreage that they intended this year, due to the rainy spring. Economist Todd Hubbs of the University of Illinois said on Tuesday the setback to the corn crop “appears set to hit a level similar to… » Read More
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