date:May 21, 2013
the date.
Soybean planting as of May 12 was only 6% completed compared with 43% a year earlier and 24% as the five-year average. The U.S.D.A. will issue its latest weekly Crop Progress report at 3:00 p.m. Central Time on May 20.
An agricultural economist from Kansas State University said late planted corn may yield 6% to 8% less than average, and forecast that U.S. farmers may switch from 2 million to 4 million acres from corn to soybeans.
A University of Illinois study indicated average yiel