Tuesday, 17 May 2011

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Corn Advances for Fourth Day as Wet Weather Delays Spring Planting in U.S.

  • Tuesday, 17 May 2011
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  • Corn rose for a fourth day in Chicago and soybeans climbed after a report showed U.S. sowing lagged behind the pace of recent years as many fields remained too soggy for heavy farm machinery. About 63 percent of the U.S. corn crop, the world's biggest, was planted as of May 15, according to the U.S. Department of Agriculture. That compares with 40 percent a week earlier and 87 percent a year



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