Planting progress; wheat harvest; futures recap

Spring planting over half complete Planting of spring crops is over 50% complete as of May 11, according to the Ministry of Agriculture. This is slightly faster than last year’s pace. Planting completion by crop is 70% for corn, 20% for soybeans, and 20% for mid-season rice. Wheat prices flat as early harvest starts

Wheat prices were flat in Hubei province last week as the harvest approaches. There is some small-scale harvesting starting in the southern part of the province. Some un-dry high mo...

 

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