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The USDA Crop Progress Report for the week ending May 19 brought some relief over the status of the U.S. corn planting pace and its potential impact on yield. The prior week’s release indicated U.S. corn producers had about half the crop in the ground, or 5 points behind average.

Soybean progress on May 12 stood at 35%, 1 point ahead of average. Yesterday’s release saw active planting in several key producing states, raising the nationwide corn progress to 70%, just 1 above average.

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