
US planting is beginning, and USDA did report planting progress coming in at 2% complete. That was the same as a year ago and that’s average for this time of year.
We should see the US planting increasing gradually through mid-April and then start accelerating in Late April into May.
We’ll be watching carefully to see conditions as we plant, right now its too dry in the plains and too wet in the east.
The plains will still get to plant their crops, but it may be under less-than-ideal conditions and planting could be slowed in the Delta into the Ohio Valley and eastern belt.
This certainly bears watching as there is no room for error in the US crop this year.