date:May 29, 2013
into Tuesday's report were around 50% completion for soybeans and 90% for corn, traders say. But, griculture.com Market Analyst Al Kluis said Tuesday he thought USDA's estimate for Iowa corn planting progress -- at 85% -- was higher even than it should be. Still, with USDA's numbers coming in south of what the trade expected, he says Tuesday he expects the overnight trade to tilt higher based on the fresh data.
I think the USDA overstated Iowa significantly by going from 71% to 85%. I suspect t