There is a wide variation in prevented plant acreage estimates among traders. INTL FCStone market analyst Mark Lucas says traders are trying to narrow that number down. “North Dakota is doing pretty well with planting, but when you get into southern and eastern South Dakota there are areas that haven’t turned a wheel yet,” says Lucas. “It’s more of the same in places like Indiana and Ohio.” He says it’s not unusual to have areas that can’t get planted, but this year is different. “There are several areas with major issues. We’re coming up on the insurance planting dates with corn. There are big questions on how much corn will go to prevent plant.”
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